Description

BSE has scheduled a mock trading session for Equity Derivatives segment on Saturday, February 07, 2026 to enable members to test their trading systems and fulfill regulatory requirements.

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, February 07, 2026. Trading members can participate in this session or use the UAT environment to fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members using third-party trading platforms or in-house developed systems can test various trading functionalities including exceptional market conditions, risk-reduction mode, and trading halts. There will be no new BOLT TWS Release.

Key Points

  • Mock trading session scheduled for Saturday, February 07, 2026 for Equity Derivatives segment
  • Participation is optional - members can choose mock trading or UAT environment for regulatory compliance
  • Members using third-party platforms or in-house systems via IML/ETI APIs can test trading applications
  • No new BOLT TWS Release will be implemented
  • Testing covers various functionalities including risk-reduction mode, trading halt, and exceptional market conditions
  • Feedback must be submitted by 4:30 PM on the same day
  • References Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing requirements

Regulatory Changes

No regulatory changes. This is a routine mock trading session to help members comply with existing SEBI requirements under circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of software used in trading and risk management.

Compliance Requirements

  • Trading members are required to test their trading and risk management software periodically as per SEBI regulations
  • Members may fulfill this requirement by participating in either the mock trading session or UAT environment
  • Members using third-party trading platforms or in-house developed systems should utilize this opportunity for testing
  • Feedback submission is requested by 4:30 PM on the mock trading day
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for detailed testing requirements

Important Dates

Mock Trading Session: Saturday, February 07, 2026

  • Log-in: 10:15 AM - 11:00 AM
  • Pre-Open Session Order Entry: 11:00 AM - 11:07/08 AM
  • Order Matching Period: 11:08 AM - 11:12 AM
  • Buffer Period: 11:12 AM - 11:15 AM
  • Continuous Trading: 11:15 AM - 3:30 PM
  • Feedback Deadline: 4:30 PM on February 07, 2026

Impact Assessment

Market Impact: None. This is a mock trading session on a Saturday with no impact on regular market operations.

Operational Impact: Low. Members have the option to participate in this voluntary testing session to fulfill regulatory requirements. The session provides an opportunity to test trading systems, platforms, and exceptional market condition scenarios in a controlled environment. Members can alternatively use UAT environment for the same purpose.

Member Action Required: Optional participation. Members who choose to participate should test their trading applications and provide feedback by 4:30 PM. Contact BSE Tech Support (022-22728053, bse.tech@bseindia.com) or Help Desk (022-45720400/600, 022-69158500, bsehelp@bseindia.com) for queries.

Impact Justification

Routine mock trading session for system testing purposes with no impact on regular market operations or trading activities