Description

BSE announces mock trading session for Electronic Gold Receipts segment on Saturday, February 7, 2026 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, February 7, 2026. This session is designed for testing and familiarization purposes, allowing trading members to test their software systems and platforms. Members can participate either in the mock trading session or UAT environment to fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Trades executed during mock trading will not create any obligations, rights, or liabilities.

Key Points

  • Mock trading session scheduled for Saturday, February 7, 2026 for Electronic Gold Receipts segment
  • Members can choose to participate in either mock trading or UAT environment for regulatory compliance
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test various functionalities including risk-reduction mode, trading halt, and exceptional market conditions
  • No new BOLT TWS release will be implemented
  • Mock trades will not attract margin obligations, pay-in/pay-out obligations, or create any rights and liabilities
  • Feedback must be submitted by 4:30 PM on the same day

Regulatory Changes

No regulatory changes introduced. This circular references existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 and Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of software used in trading and risk management.

Compliance Requirements

  • Trading members are encouraged to actively participate in the mock trading session
  • Members must provide feedback by 4:30 PM on February 7, 2026
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for testing requirements
  • Participation fulfills regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234

Important Dates

  • February 7, 2026 (Saturday): Mock Trading Session
    • Log-in: 10:15 AM - 11:00 AM
    • Pre-Open Order Entry: 11:00 AM - 11:08 AM
    • Matching Period: 11:08 AM - 11:15 AM
    • Continuous Trading: 11:15 AM - 3:30 PM
    • Block Deal Window: 12:00 PM - 12:15 PM
    • Closing: 3:30 PM - 3:40 PM
    • Post-Closing: 3:40 PM - 3:50 PM
  • Feedback Deadline: 4:30 PM on February 7, 2026

Impact Assessment

Market Impact: None. This is a mock trading session with no real market transactions or obligations.

Operational Impact: Low. Voluntary participation for testing and familiarization purposes. Members can use this opportunity to test their trading platforms, third-party vendor systems, or in-house developed applications in a simulated environment.

Member Impact: Beneficial for members who wish to test their systems, validate software functionality, and ensure readiness for various market conditions including exceptional scenarios. No financial obligations or liabilities arise from participation.

Contact Information:

Impact Justification

Routine mock trading session for testing purposes with no real market impact, obligations, or rights created. Voluntary participation for system testing and familiarization.