Description

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

Summary

BSE has scheduled a mock trading session for Currency Derivatives segment on Saturday, February 07, 2026. This session is intended for testing and familiarization purposes, allowing trading members to test their trading applications and systems. Members can participate either in the Mock Trading Session or UAT environment to fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. No actual financial obligations will arise from trades executed during this session.

Key Points

  • Mock trading session scheduled for Currency Derivatives segment on February 07, 2026
  • No new BOLT TWS Release will be deployed
  • Members can use this opportunity to test trading applications including exceptional market conditions
  • Trading members using third-party platforms or in-house systems through IML/ETI APIs can participate
  • Trades from mock trading will not attract margin obligations, pay-in/pay-out obligations, or create rights and liabilities
  • Members must provide feedback by 4:30 PM on the same day
  • Members may choose between Mock Trading Session or UAT environment for regulatory compliance

Regulatory Changes

No regulatory changes introduced. This circular refers to existing regulatory requirements under SEBI circular 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 software used in trading and risk management.

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members must provide feedback for the mock trading session by 4:30 PM on February 07, 2026
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for testing requirements
  • Members must fulfill regulatory requirements in accordance with SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020

Important Dates

  • February 07, 2026: Mock trading session date
    • Log-in: 10:15 AM to 11:00 AM
    • Continuous Trading for Currency Derivatives: 11:00 AM to 03:30 PM
    • Continuous Trading for Cross Currency Derivatives: 11:00 AM to 03:30 PM
    • Trade Modification (Currency): 03:40 PM
    • Trade Modification (Cross Currency): 03:40 PM
  • February 07, 2026 by 4:30 PM: Deadline for submitting feedback

Impact Assessment

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

Operational Impact: Low. Members have the option to participate for testing purposes. This provides an opportunity for trading members to test their systems, validate third-party platforms, and ensure readiness for actual trading conditions. The session allows testing of various functionalities including exceptional market conditions scenarios.

Member Impact: Optional participation. Members using third-party empaneled vendors or in-house developed systems can use this session to validate their trading applications. Support is available through BSE Tech Support and Help Desk for any queries or clarifications.

Impact Justification

Routine mock trading session for testing purposes with no financial obligations or market impact. No regulatory changes or compliance deadlines.