Description

BSE has scheduled a mock trading session for the Commodity Derivatives segment on Saturday, March 07, 2026, with continuous trading from 11:00 AM to 3:30 PM. Participation fulfills regulatory requirements per SEBI circular dated November 24, 2020.

Summary

BSE has scheduled a mock trading session for the Commodity Derivatives segment on Saturday, March 07, 2026. The session is intended for testing and familiarization of trading systems and does not create any real financial obligations, margin requirements, or pay-in/pay-out obligations.

Key Points

  • Mock trading session scheduled for Saturday, March 07, 2026 for the Commodity Derivatives segment
  • Members may participate in the Mock Trading Session or UAT environment to fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 (November 24, 2020)
  • Trading members using third-party platforms via IML/ETI APIs can test functionalities including risk-reduction mode and trading halt scenarios
  • No new BOLT TWS release for this session
  • Trades from mock trading carry no margin obligations, pay-in/pay-out obligations, or legal rights and liabilities
  • Members are requested to submit feedback by 4:30 PM on the day of the session

Regulatory Changes

No new regulatory changes introduced. This circular references the existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 on testing of trading and risk management software, and Exchange 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 satisfy software testing regulatory requirements
  • Members using third-party or in-house trading platforms should use this session to validate system functionalities
  • Feedback must be submitted to BSE by 4:30 PM on March 07, 2026

Important Dates

  • Mock Trading Date: Saturday, March 07, 2026
  • Log-in Window: 10:15 AM – 11:00 AM
  • Continuous Trading: 11:00 AM – 3:30 PM
  • Feedback Deadline: 4:30 PM on March 07, 2026

Impact Assessment

This is a routine operational circular with minimal market impact. It affects only trading members participating in the Commodity Derivatives segment who wish to test their systems. No real trades, margins, or financial obligations arise from the mock session. Members using third-party or proprietary platforms via IML/ETI APIs should leverage this opportunity to validate exceptional market condition handling such as risk-reduction mode and trading halts.

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Impact Justification

Routine mock trading session for testing and familiarization purposes only; no real financial obligations, margins, or liabilities are created. Relevant only to trading members using Commodity Derivatives segment.