Description

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

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, March 07, 2026. This session provides trading members an opportunity to test their trading applications, risk management systems, and third-party/in-house platforms using IML/ETI APIs. Participation also fulfills regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020.

Key Points

  • Mock trading session scheduled for Equity Derivatives segment on Saturday, March 07, 2026
  • Members may participate in Mock Trading Session or UAT environment to meet SEBI regulatory requirements
  • Trading members using third-party empaneled vendor platforms or in-house systems via IML/ETI APIs can test functionalities including risk-reduction mode and trading halt
  • There will be no new BOLT TWS release for this session
  • Feedback must be submitted by 4:30 PM on the day of the session

Regulatory Changes

No new regulatory changes introduced. This session is conducted in accordance with existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 (November 24, 2020) and Exchange Notice No. 20201201-22 (December 1, 2020) regarding testing of software used in or related to trading and risk management.

Compliance Requirements

  • Trading members must participate either in the Mock Trading Session or the UAT environment to fulfill their regulatory obligations under the referenced SEBI circular
  • Members are requested to provide feedback by 4:30 PM to BSE contact numbers or email addresses provided
  • Members may contact their Relationship Manager, BSE Helpdesk, or BSE Tech Support for any queries

Important Dates

  • Mock Trading Date: Saturday, March 07, 2026
  • Log-in Window: 10:15 AM – 11:15 AM
  • Pre-Open Order Entry: 11:00 AM – 11:07/08 AM
  • Order Matching Period: 11:08 AM – 11:12 AM
  • Buffer Period: 11:12 AM – 11:15 AM
  • Continuous Trading: 11:15 AM – 3:30 PM
  • Feedback Deadline: 4:30 PM on March 07, 2026

Impact Assessment

This is a routine operational activity with minimal market impact. It is confined to a Saturday session outside regular trading hours and is voluntary in nature (members may choose Mock Trading or UAT). The session helps ensure system readiness and regulatory compliance for equity derivatives trading members. No impact on live markets or securities pricing.

Impact Justification

Routine mock trading session for equity derivatives segment; operational in nature with no market-wide regulatory or pricing impact. Participation is optional for members.