Description

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) 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 intended for testing and familiarization purposes, allowing members to test their trading platforms and systems. The mock trades will not create any actual margin, pay-in/pay-out obligations, rights, or liabilities.

Key Points

  • Mock trading session scheduled for EGR segment on February 07, 2026
  • Members can participate in either mock trading or UAT environment to meet regulatory requirements per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test various functionalities including risk-reduction mode and trading halt scenarios
  • No new BOLT TWS Release will be implemented
  • Mock trades will not attract any real obligations or create rights and liabilities
  • Feedback must be submitted by 4:30 PM on the day of the session

Regulatory Changes

No regulatory changes introduced. This circular references existing SEBI requirements under 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 trading and risk management software.

Compliance Requirements

  • Trading members are encouraged to actively participate in the mock trading session
  • Members must provide feedback by 4:30 PM on February 07, 2026
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for testing requirements
  • Participation in either mock trading or UAT environment fulfills regulatory requirements

Important Dates

  • February 07, 2026: Mock trading session date
  • 4:30 PM, February 07, 2026: Deadline for submitting feedback

Mock Trading Session Timings (February 07, 2026)

  • 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

Impact Assessment

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

Operational Impact: Low - Optional participation for members to test their trading systems and platforms. Provides opportunity for members to verify system readiness and test exceptional market condition scenarios in a controlled environment.

Member Impact: Beneficial for members using third-party trading platforms or in-house developed systems to validate functionality and ensure compliance with regulatory testing requirements.

Contact Information

  • BSE Tech Support (for TWS users, third-party vendors, in-house developers): 022-22728053, bse.tech@bseindia.com
  • BSE Help Desk: 022-45720400/600, 022-69158500, bsehelp@bseindia.com
  • Members may also contact their respective Relationship Manager

Impact Justification

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