Description

BSE has scheduled a mock trading session for the Commodity Derivatives segment on February 07, 2026, allowing members to test trading applications and fulfill regulatory requirements.

Summary

BSE has scheduled a mock trading session for the Commodity Derivatives segment on Saturday, February 07, 2026. Members can participate in either the mock trading session or UAT environment to fulfill regulatory requirements per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. The session is designed for testing trading applications, including exceptional market conditions such as risk-reduction mode and trading halts. No actual financial obligations will arise from this mock session.

Key Points

  • Mock trading session scheduled for Commodity Derivatives segment on February 07, 2026
  • Members can choose between mock trading or UAT environment for regulatory compliance
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test their applications
  • No new BOLT TWS Release will be implemented
  • Trades from mock session will not create any rights, liabilities, or margin obligations
  • No pay-in or pay-out obligations will arise from mock trades
  • Feedback required by 4:30 PM on the same day

Regulatory Changes

No regulatory changes. This circular implements existing requirements from:

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

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members using third-party empaneled vendors or in-house developed systems should test various functionalities including exceptional market conditions
  • Members must provide feedback by 4:30 PM on February 07, 2026
  • Contact BSE Helpdesk (022-45720400/600, 022-69158500, bsehelp@bseindia.com) or BSE Tech Support (022-22728053, bse.tech@bseindia.com) for queries

Important Dates

  • February 07, 2026: Mock trading session
    • Log-in: 10:15 AM to 11:00 AM
    • Continuous Trading: 11:00 AM to 03:30 PM
    • Feedback deadline: 4:30 PM

Impact Assessment

Market Impact: None. This is a testing session with no actual financial transactions or obligations.

Operational Impact: Low. Members have the opportunity to test their trading systems and ensure readiness for live trading. The session allows testing of exceptional market conditions like risk-reduction mode and trading halts, which helps improve system reliability and member preparedness.

Impact Justification

Routine mock trading session for system testing with no financial obligations or market impact. Trades from this session create no rights or liabilities.