Description

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, March 07, 2026. Trading members may use this session to test trading applications and fulfill regulatory requirements per SEBI circular dated November 24, 2020.

Summary

BSE has announced 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 and fulfil regulatory obligations under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Trades executed during the mock session carry no 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 platforms (IML/ETI APIs) or in-house systems can test functionalities including risk-reduction mode and trading halt
  • No new BOLT TWS release associated with this mock session
  • All trades from mock trading carry no financial obligations or legal consequences
  • Members are requested to submit feedback by 4:30 pm on March 07, 2026

Regulatory Changes

No new regulatory changes introduced. This circular references the existing framework under:

  • Exchange Notice No. 20201201-22 dated December 1, 2020 (Testing of software used in or related to Trading and Risk Management)
  • SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020

Compliance Requirements

  • Trading members may choose to participate in either the Mock Trading Session or the UAT environment to fulfil their regulatory testing requirements
  • Members using third-party or in-house trading platforms via IML/ETI APIs should use this session to test various functionalities
  • Feedback to be submitted to BSE by 4:30 pm on the day of mock trading

Important Dates

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

Impact Assessment

Minimal market impact. This is a routine operational exercise with no financial consequences for participants. Trading members who require regulatory compliance testing for their systems benefit from this session. No mandatory participation is required. 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.

Impact Justification

Routine mock trading session for EGR segment; no mandatory participation, no real financial obligations, and no new BOLT TWS release. Primarily relevant to trading members who need to test systems or fulfill SEBI regulatory testing requirements.