Description
BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) 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 Electronic Gold Receipts (EGR) segment on Saturday, March 07, 2026. The session is intended for members to test their trading applications, including third-party platforms and in-house systems via IML/ETI APIs, and to fulfill regulatory testing requirements per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Trades executed during the mock session will not create any margin, pay-in/pay-out obligations, or legal rights and liabilities.
Key Points
- Mock trading session scheduled for EGR segment on Saturday, March 07, 2026
- Members may participate in Mock Trading Session or UAT environment to meet SEBI regulatory testing requirements
- Trading members using third-party or in-house systems via IML/ETI APIs can test functionalities including risk-reduction mode and trading halt
- No new BOLT TWS release for this session
- Mock trades carry no margin obligations, pay-in/pay-out obligations, or legal liabilities
- Members requested to submit feedback by 4:30 pm on the day of the session
Regulatory Changes
No regulatory changes. The mock 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 trading and risk management.
Compliance Requirements
- Members are encouraged (not mandated) to participate in the mock trading session or UAT environment to fulfill their regulatory software testing requirements
- Members must submit feedback by 4:30 pm on March 07, 2026, to BSE contact numbers or email IDs provided
- Contact for queries: BSE Tech Support at 022-22728053 or bse.tech@bseindia.com; BSE Help Desk at 022-45720400/600 & 022-69158500 or bsehelp@bseindia.com
Important Dates
- Mock Trading Date: Saturday, March 07, 2026
- Feedback Deadline: 4:30 pm on March 07, 2026
Mock Trading Session Timings
| Session | From | To |
|---|---|---|
| Log-in | 10:15 am | 11:00 am |
| Pre-Open Order Entry | 11:00 am | 11:08 am |
| Matching Period | 11:08 am | 11:15 am |
| Continuous Trading | 11:15 am | 03:30 pm |
| Block Deal Window | 12:00 pm | 12:15 pm |
| Closing | 03:30 pm | 03:40 pm |
| Post-Closing | 03:40 pm | 03:50 pm |
Impact Assessment
Minimal market impact. This is a routine operational exercise for the EGR segment. Participation is voluntary and no financial obligations arise from mock trades. Trading members and vendors benefit from the opportunity to validate system readiness, test exceptional market condition handling (risk-reduction mode, trading halts), and meet SEBI’s software testing regulatory requirements ahead of live trading sessions.
Impact Justification
Routine mock trading session for EGR segment; no margin or settlement obligations arise from mock trades, and participation is voluntary for testing and familiarization purposes only.