Description

BSE announces mock trading session for Equity Derivatives segment on February 07, 2026 to enable members to test their trading systems and comply with 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 software systems and fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members can participate either in 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 Saturday, February 07, 2026
  • Members can participate in mock session or UAT environment to meet regulatory requirements
  • Third party trading platforms and in-house systems using IML/ETI APIs can test functionalities
  • Testing will cover exceptional market conditions including risk-reduction mode and trading halt
  • No new BOLT TWS release
  • Feedback required from all members by 4:30 PM on mock trading day

Regulatory Changes

No new regulatory changes. This session supports compliance with existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of software used in trading and risk management. Members should also refer to Exchange Notice No 20201201-22 dated December 1, 2020.

Compliance Requirements

  • Trading members must test their trading and risk management systems as per SEBI requirements
  • Members using third party platforms or in-house systems must utilize this opportunity to test various functionalities
  • All members requested to provide feedback by 4:30 PM on the mock trading day
  • Members should contact their Relationship Manager or BSE support teams for queries

Important Dates

  • Mock Trading Date: Saturday, February 07, 2026
  • Log-in: 10:15 AM to 11:15 AM
  • Pre-Open Order Entry: 11:00 AM to 11:07/08 AM
  • Order Matching: 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

This is a routine mock trading session with no impact on actual market operations. The session provides members an opportunity to test their trading systems, ensure compliance with regulatory requirements, and validate system readiness for exceptional market conditions. Participation is voluntary but recommended for maintaining system robustness and regulatory compliance.

Impact Justification

Routine mock trading session for system testing purposes with no impact on actual trading or market operations