Description

BSE has scheduled a mock trading session for the Currency Derivatives segment on April 25, 2026, to allow trading members to test their systems and applications.

Summary

BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, April 25, 2026. The session is intended for trading members using third-party empaneled vendor platforms or in-house systems via ETI APIs to test their trading applications under various conditions, including exceptional market scenarios. There will be no new BOLT TWS release accompanying this session.

Key Points

  • Mock trading is scheduled for Saturday, April 25, 2026, for the Currency Derivatives and Cross Currency Derivatives segments.
  • Trading members using third-party platforms or in-house systems via ETI APIs are encouraged to participate.
  • No new BOLT TWS release will accompany this mock 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 4:00 PM on the day of the session.

Regulatory Changes

No regulatory changes are introduced by this circular. This is a routine operational notice for a scheduled mock trading session.

Compliance Requirements

  • Trading members are encouraged to actively participate in the mock trading session.
  • Members must provide feedback by 4:00 PM on April 25, 2026, via the contact details 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

  • April 25, 2026 (Saturday): Mock trading session for Currency Derivatives segment.
  • 09:15 AM – 10:00 AM: Log-in window.
  • 10:00 AM – 03:00 PM: Continuous Trading for Currency Derivatives.
  • 10:00 AM – 03:00 PM: Continuous Trading for Cross Currency Derivatives.
  • 03:10 PM: Trade Modification for Currency Derivatives.
  • 03:10 PM: Trade Modification for Cross Currency Derivatives.
  • By 4:00 PM, April 25, 2026: Deadline for submitting session feedback.

Impact Assessment

This circular has minimal market impact as it pertains solely to a voluntary testing exercise. No real trades, margins, or obligations arise from participation. The session benefits trading members by allowing system validation and familiarization with trading platforms ahead of live sessions. Members utilizing ETI API-based or third-party empaneled vendor systems stand to gain the most from active participation.

Impact Justification

Routine mock trading session for system testing purposes; trades carry no margin obligations or legal liabilities and are limited to Currency Derivatives segment members.