Description
BSE revises trading hours for commodity derivatives segment from March 09, 2026, due to US daylight saving time changes. Continuous trading for internationally referenceable non-agricultural commodities will be from 9:00 AM to 11:30 PM.
Summary
BSE has announced a revision in trading hours for the Commodity Derivatives Segment effective March 09, 2026. This change is necessitated by the shift in US daylight saving timings. The new schedule extends continuous trading hours for internationally referenceable non-agricultural commodities from 9:00 AM to 11:30 PM, with trade modification timings at 11:45 PM.
Key Points
- Revised trading hours effective from March 09, 2026
- Change driven by US daylight saving time adjustment
- Applies to internationally referenceable non-agricultural commodities
- References previous notice 20250929-55 dated September 29, 2025
- Continuous trading session: 9:00 AM to 11:30 PM
- Trade modification window: 11:45 PM
Regulatory Changes
This circular updates the trading hours framework previously communicated in Exchange notice no 20250929-55 dated September 29, 2025. The revision aligns BSE’s commodity derivatives trading schedule with international market timings following the US daylight saving time change.
Compliance Requirements
- Trading members must adjust their systems and operations to accommodate the new trading hours
- Members should ensure all trading activities for internationally referenceable non-agricultural commodities comply with the revised schedule
- Trading members with clarifications should contact their respective Relationship Managers
Important Dates
- Notice Date: February 09, 2026
- Effective Date: March 09, 2026
- New Trading Hours: 9:00 AM to 11:30 PM (continuous trading)
- Trade Modification Time: 11:45 PM
Impact Assessment
Operational Impact: Trading members will need to adjust their operational schedules, risk management systems, and trading infrastructure to accommodate the revised hours. This is a routine annual adjustment tied to international market synchronization.
Market Impact: The extended evening trading hours until 11:30 PM will provide better alignment with international commodity markets during US trading hours, potentially improving liquidity and price discovery for internationally referenceable non-agricultural commodities.
Member Impact: Medium - requires system configuration changes and operational adjustments but is a predictable annual change that members typically plan for in advance.
Impact Justification
Operational change affecting commodity derivatives trading members due to timezone adjustments. Medium impact as it requires operational adjustments but is a routine annual change for daylight saving alignment.