BSE, NSE conducted mock trading session today: What's the reason?
What's the story
The Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) conducted a mock trading session today across equity, commodity, and currency derivatives segments. The exercise was aimed at testing system readiness, disaster recovery infrastructure, and trading applications. It also provided an opportunity for brokers and market participants to familiarize themselves with exchange processes under simulated market conditions.
Session specifics
Mock trading session held from primary and DR sites
The mock trading session was held from both the Primary Site (PR) and Disaster Recovery Site (DR). Trading members using third-party trading platforms could use this opportunity to test their respective applications during the mock session for various functionalities. These include different types of call auction sessions, risk-reduction mode, trading halt, block deals, etc.
Timetable
Schedule for mock session
The mock trading session was held in different segments at different times. The login period was from 9:15am to 9:45am followed by the Morning Block Deal Window (PR) from 9:45am to 10:00am. Continuous Trading T+1 (PR) took place between 10:15am and 1:00pm, while Continuous Trading T+0 (PR) was scheduled from 10:15am-12:30pm.
Participation appeal
Feedback from members sought
The exchanges urged market participants to actively take part in the mock trading sessions. These exercises are regularly conducted by exchanges to test their systems and ensure they can offer their members with a robust and efficient system for trading with better features. Feedback from all members is also sought after such sessions, which can be submitted until 5:00pm today.