Description

BSE has scheduled a mock trading session for Electronic Gold Receipts segment on Saturday, February 07, 2026 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, February 07, 2026. This session is designed for members to test their trading systems and fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members can participate in either the mock trading session or UAT environment. There will be no new BOLT TWS release for this session.

Key Points

  • Mock trading session scheduled for Electronic Gold Receipts segment on February 07, 2026
  • No new BOLT TWS release for this session
  • Members can choose between mock trading or UAT environment to fulfill regulatory requirements
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test various functionalities
  • Mock trades will not create any margin, pay-in/pay-out obligations, rights, or liabilities
  • Feedback must be submitted by 4:30 PM on the session day

Regulatory Changes

No regulatory changes introduced. This circular implements existing regulatory requirements under SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of trading and risk management software.

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members must test their trading applications for various functionalities including exceptional market conditions, risk-reduction mode, and trading halt
  • Members using third-party trading platforms of empaneled vendors or in-house developed systems through IML/ETI APIs should use this opportunity for testing
  • Feedback for the mock trading session must be provided by 4:30 PM to BSE via contact numbers or email
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of software used in trading and risk management

Important Dates

  • Mock Trading Date: Saturday, February 07, 2026
  • Session Timings:
    • 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 07, 2026

Impact Assessment

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

Operational Impact: Low. Members need to allocate resources for testing on Saturday but participation serves to ensure system readiness and regulatory compliance. The session provides an opportunity to test exceptional market conditions and verify trading application functionality without risk.

Member Action Required: Optional participation for testing purposes and regulatory compliance. Members who participate should submit feedback by the specified deadline.

Contact Information:

Impact Justification

Routine mock trading session for testing purposes with no financial obligations or market impact