Description

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

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, February 07, 2026. This session allows trading members to test their trading systems, fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020, and test various functionalities including exceptional market conditions. Members can participate either in the mock trading session or UAT environment. There will be no new BOLT TWS Release.

Key Points

  • Mock trading session scheduled for Equity Derivatives segment on Saturday, February 07, 2026
  • Members can choose between mock trading session or UAT environment for regulatory compliance
  • Third party trading platform users and in-house system developers can test their applications
  • Testing can include exceptional market conditions like risk-reduction mode and trading halt
  • No new BOLT TWS Release during this session
  • Feedback required from all members by 4:30 PM on the same day
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of trading and risk management software

Regulatory Changes

No regulatory changes introduced. This circular facilitates compliance with existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing requirements for trading and risk management systems.

Compliance Requirements

  • Trading members must participate in either mock trading session or UAT environment to fulfill regulatory requirements
  • Members using third party platforms or in-house systems through IML/ETI APIs should test their trading applications
  • Members must provide feedback for the mock trading session by 4:30 PM on February 07, 2026
  • Testing should cover various functionalities including exceptional market conditions such as risk-reduction mode and trading halt

Important Dates

Mock Trading Session: Saturday, February 07, 2026

  • Log-in: 10:15 AM to 11:00 AM
  • Pre-Open Session Order Entry: 11:00 AM to 11:07/08 AM
  • Order Matching Period: 11:08 AM to 11:12 AM
  • Buffer Period: 11:12 AM to 11:15 AM
  • Continuous Trading: 11:15 AM to 03:30 PM
  • Feedback Deadline: 4:30 PM on February 07, 2026

Impact Assessment

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

Operational Impact: Low - Optional participation for trading members. Provides opportunity for system testing and validation of trading platforms under simulated conditions including exceptional market scenarios. Members can test third-party platforms or in-house developed systems to ensure readiness and compliance with regulatory requirements.

Contact Information:

Impact Justification

Routine mock trading session for system testing and regulatory compliance. No impact on live trading or market operations. Optional participation for trading members.