Indian stock exchanges BSE and NSE have announced a comprehensive mock trading session scheduled for Saturday, January 10, designed to test system resilience and infrastructure preparedness. The exercise forms part of the exchanges' routine measures to ensure operational stability and market confidence.

Purpose and Scope of Mock Trading Session

The mock trading session will cover both equity and derivatives segments, allowing trading members and third-party platform users to validate their systems under simulated market conditions. The exercise enables participants to test order management systems, risk controls, and familiarize themselves with new features without impacting live market operations.

Detailed Session Schedule

The mock trading session will follow a comprehensive timeline covering various market mechanisms. The schedule begins with a login window from 10:15 am to 10:45 am, followed by multiple trading phases.

The session will include trade modification windows for both T+1 and T+0 trades, with random stoppages implemented to simulate real-market unpredictability.

Testing Functionalities and Features

Participants will be able to test a wide range of market functionalities during the session. The exercise covers exceptional market conditions to help assess system behavior during stress periods.

Key testing areas include:

• Call auction sessions and risk-reduction modes
• Trading halts and block deal mechanisms
• Periodic call auctions and settlement auctions
• Order management system validation
• Infrastructure stress testing

Software Upgrade and Technical Updates

As part of the exercise, the exchange will release BOLT Pro TWS version 12.50, a new version of its trading workstation. Details regarding the software upgrade will be shared through official circulars.

Alternate Trading Venue Testing

A significant component of the January 10 session involves testing alternate trading venue mechanisms in compliance with SEBI directives. The exercise will simulate an NSE outage scenario, during which BSE will function as the alternate trading venue for NSE-exclusive securities in the equity segment.

This testing ensures seamless trading continuity even during technical disruptions at one exchange, strengthening overall market resilience.

Market Preparedness and Risk Management

NSE emphasized that such drills are essential for identifying potential system gaps before they impact investors. Regular testing of systems, connectivity, and contingency mechanisms helps maintain operational resilience and market confidence. The mock sessions serve as preventive measures to ensure smooth market operations during actual trading hours.

Source: https://economictimes.indiatimes.com/markets/stocks/news/nse-bse-to-hold-mock-trading-session-on-saturday-can-investors-trade-all-you-need-to-know/articleshow/126435822.cms

BSE Limited has announced that it will conduct a comprehensive mock trading session on January 10, covering multiple derivative segments and electronic gold receipts. This initiative is part of the exchange's ongoing efforts to ensure system reliability and operational readiness across its trading platforms.

Mock Trading Session Details

The scheduled mock session will encompass three key trading segments that are crucial to BSE's derivative and commodity offerings:

System Testing and Preparedness

Mock trading sessions serve as essential tools for exchanges to validate their trading systems, test connectivity, and ensure that all market participants can operate seamlessly during actual trading hours. These sessions allow brokers, traders, and other market participants to verify their systems and processes without the risks associated with live trading.

The inclusion of currency derivatives, commodity derivatives, and electronic gold receipts in this mock session highlights BSE's focus on maintaining robust infrastructure across its diverse product offerings. Each of these segments requires specialized trading mechanisms and risk management protocols.

Market Infrastructure Maintenance

Regular mock trading sessions are standard practice in the financial markets industry, helping exchanges maintain high operational standards and minimize technical disruptions during live trading. For BSE, conducting such sessions across multiple derivative segments demonstrates the exchange's commitment to providing reliable trading infrastructure for market participants.

The January 10 mock session will provide market participants with an opportunity to test their connectivity and trading systems across these important segments before regular trading operations.