Description

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, March 07, 2026. Trading members can use this opportunity to test their trading applications and fulfill regulatory requirements per SEBI circular dated November 24, 2020.

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, March 07, 2026. The session enables trading members to test their trading applications and fulfill regulatory requirements as mandated by SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. There will be no new BOLT TWS release in connection with this session.

Key Points

  • Mock trading session scheduled for Equity Derivatives segment on Saturday, March 07, 2026
  • Members may participate in either the Mock Trading Session or UAT environment to meet SEBI regulatory testing requirements
  • Applicable to trading members using third-party platforms from empaneled vendors or in-house systems via IML/ETI APIs
  • Testing covers various functionalities including exceptional market conditions such as risk-reduction mode and trading halt
  • No new BOLT TWS release associated with this mock session
  • Members must submit feedback by 4:30 PM on the day of the session

Regulatory Changes

No new regulatory changes. This session supports compliance with the existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 (November 24, 2020) regarding testing of software used in or related to Trading and Risk Management, and Exchange Notice No. 20201201-22 dated December 1, 2020.

Compliance Requirements

  • Trading members are required to test their trading and risk management software periodically per SEBI guidelines
  • Members may use this mock session or the UAT environment to fulfill the regulatory testing requirement
  • Feedback must be submitted to BSE by 4:30 PM on March 07, 2026
  • Contact details for support:

Important Dates

  • Mock Trading Date: Saturday, March 07, 2026
  • Feedback Deadline: 4:30 PM on March 07, 2026

Impact Assessment

This is a routine operational activity with minimal market impact. Only trading members who choose to participate will be affected. The session is conducted outside regular trading hours (Saturday) and does not impact live markets. Members using third-party or in-house trading platforms via IML/ETI APIs should plan their participation to ensure compliance with SEBI’s periodic software testing requirements.

Mock Trading Session Timings

Trading SessionFromTo
Log-in10:15 AM11:15 AM
Pre-Open Order Entry11:00 AM11:07/08 AM
Pre-Open Order Matching11:08 AM11:12 AM
Pre-Open Buffer Period11:12 AM11:15 AM
Continuous Trading11:15 AM03:30 PM

Impact Justification

Routine mock trading session for system testing purposes only; no regulatory changes or market-wide impact. Participation is optional and limited to technology testing.