Description

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, April 11, 2026, to allow trading members to test their systems and trading applications.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, April 11, 2026. The session is intended for trading members to test their trading applications, APIs, and risk management systems in a simulated environment. Trades executed during mock trading carry no margin, pay-in/pay-out obligations, or legal rights and liabilities.

Key Points

  • Mock trading session scheduled for the EGR segment on Saturday, April 11, 2026
  • Trading members may participate in the Mock Trading Session or UAT environment to fulfil regulatory testing requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020
  • Members using third-party platforms (empaneled vendors) or in-house systems via IML/ETI APIs can test functionalities including risk-reduction mode and trading halt scenarios
  • There will be no new BOLT TWS release for this session
  • Trades from mock trading will not attract any margin obligation, pay-in/pay-out obligation, or create any rights and liabilities
  • Members are requested to submit feedback by 4:30 PM on the day of the session

Regulatory Changes

No regulatory changes introduced. The session is conducted in accordance with the existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 (November 24, 2020) and BSE Notice No. 20201201-22 (December 1, 2020) regarding testing of software used in or related to Trading and Risk Management.

Compliance Requirements

  • Trading members may optionally participate in the mock trading session or the UAT environment to satisfy SEBI’s regulatory software testing requirements
  • Members are encouraged to actively participate and submit feedback by 4:30 PM on April 11, 2026
  • Contact points for queries:

Important Dates

  • April 11, 2026 (Saturday): Mock trading session for EGR segment
  • April 11, 2026, 4:30 PM: Deadline for submitting member feedback

Mock Trading Session Timings

SessionFromTo
Log-in10:15 AM11:00 AM
Pre-Open Order Entry11:00 AM11:08 AM
Pre-Open Matching11:08 AM11:15 AM
Continuous Trading11:15 AM03:30 PM
Block Deal Window12:00 PM12:15 PM
Closing03:30 PM03:40 PM
Post-Closing03:40 PM03:50 PM

Impact Assessment

Impact is minimal and operational in nature. This is a routine mock trading exercise with no effect on live markets, securities pricing, or investor obligations. Only trading members who wish to test their EGR segment systems or fulfil SEBI’s software testing requirements need to take action. No changes to trading rules, margins, or settlement procedures are introduced.

Impact Justification

Routine mock trading session for EGR segment; no mandatory participation, no margin or settlement obligations arise, and trades have no legal effect. Relevant only to trading members wishing to test systems.