Description
BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, March 07, 2026, to allow members to test trading applications and fulfill regulatory requirements.
Summary
BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, March 07, 2026. The session is intended for testing purposes and familiarization with trading systems. Trades executed during this session will not create any margin obligations, pay-in/pay-out obligations, or legal rights and liabilities.
Key Points
- Mock trading session scheduled for Saturday, March 07, 2026 for the Currency Derivatives segment.
- Members may participate in either the Mock Trading Session or the UAT environment to fulfill regulatory requirements per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020.
- Trading members using third-party platforms (empaneled vendors) or in-house systems via IML/ETI APIs can test various functionalities, including exceptional market conditions.
- No new BOLT TWS Release will be issued for this session.
- Feedback must be submitted by 4:30 PM on the day of the session.
- Trades from mock trading carry no financial obligations or legal liabilities.
Regulatory Changes
No new regulatory changes introduced. This circular references 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 BSE Notice No. 20201201-22 dated December 1, 2020.
Compliance Requirements
- Trading members are encouraged (not mandated) to participate in the mock trading session or UAT environment to meet their regulatory software-testing obligations under the referenced SEBI circular.
- Members using third-party or in-house trading platforms via IML/ETI APIs should use this session to validate application functionality.
- Feedback to be submitted by 4:30 PM on March 07, 2026 via the contact details provided.
Important Dates
| Event | Date / Time |
|---|---|
| Mock Trading Session | Saturday, March 07, 2026 |
| Log-in Window | 10:15 AM – 11:00 AM |
| Continuous Trading – Currency Derivatives | 11:00 AM – 3:30 PM |
| Continuous Trading – Cross Currency Derivatives | 11:00 AM – 3:30 PM |
| Trade Modification (Currency) | 3:40 PM |
| Trade Modification (Cross Currency) | 3:40 PM |
| Feedback Deadline | 4:30 PM on March 07, 2026 |
Impact Assessment
This is a routine operational notice with minimal market impact. The mock session is voluntary and carries no financial consequences — no margins, pay-ins, or pay-outs will apply. It primarily affects trading members who use the Currency Derivatives and Cross Currency Derivatives segments and wish to test their systems. Members not participating face no penalty. Contact for queries: BSE Tech Support at 022-22728053 / bse.tech@bseindia.com; BSE Helpdesk at 022-45720400/600 & 022-69158500 / bsehelp@bseindia.com.
Impact Justification
Routine mock trading session for Currency Derivatives segment; no margin, pay-in, or pay-out obligations arise. Participation is voluntary and intended solely for testing and familiarization purposes.