Are the stock markets open on Saturday, December 20?
Bombay Stock Exchange (BSE) has decided to conduct a special mock trading session across all major segments including Equity, Derivatives, Currency, Commodity and Electronic Gold Receipts on Saturday, December 20. This session is purely for testing and practice purposes. The deals happening during this period will have nothing to do with the real market, nor will there be any profit or loss.
The main objective of this session is to check the robustness of the trading system and to test the functionality of the Disaster Recovery (DR) site to deal with any emergency situation.
This session will start with login at 9:15 am and trading will continue till 4:20 pm. Trading in the first part of the session will be conducted from the Main Site (PR) with a pre-open session from 10:00 AM to 10:15 AM followed by continuous trading till 12:00 PM (for T+1 settlement). Between 12:00 pm and 12:45 pm the exchange will switch from the main site to a disaster recovery (DR) site. The second session from 1:00 pm to 4:00 pm will be conducted entirely from the same DR site. This process is part of preparations to keep the market running smoothly during a major problem such as a technical glitch.
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The exchange has urged all trading members, especially those using third party trading platforms, to take advantage of this opportunity. They can test various features of their system such as call auction, risk-reduction mode, trading halt and block deals. The Exchange believes that member participation and feedback is vital to providing a robust and secure trading system. For this, the facility to give feedback till 5:00 pm has also been made available.
Special pre-open sessions for IPOs and re-listing stocks will also be conducted during the mock trading session. Along with this, the auction process will also be repeated for periodic call auction and settlement details so that investors and brokers can get used to every type of situation. Traders can contact their Relationship Manager or BSE Helpdesk for any queries or queries.
BSE Mock Trading Timings on Saturday, December 20
The session on Saturday, December 20 will begin with login from 9.15am to 9.45am. The morning block deal window (PR) will run from 9.45 am to 10 am.
Pre-Open (PR)
– Order Entry Period: 10am to 10.08am
– Matching period: 10.08 am to 10.15 am
– Continuous Trading T+1 (PR): 10:15 AM to 12:00 PM
– Continuous Trading T+0 (PR): 10:15 am to 11:30 am
– Special Pre-Open (PR) for IPO and Re-Listed Scripts
– Order Entry Period: 10:00 am to 10:30 am
– Matching period: 10:30 am to 10:45 am
– Continuous Trading (PR) for SPOS Scripts: 10:45 AM to 12:00 PM
– Periodic Call Auction (1 session of 1 hour) (PR): 10:30 am to 11:30 am
Auction for settlement details (PR)
– Offer entry and matching period: 11:15 am to 11:45 am
– Switch Over To (DR): 12:00 pm to 12:45 pm
Pre-Open (DR)
– Order Entry Period: 12:45 PM to 12:53 PM
– Matching period: 12:53 pm to 01:00 am
– Continuous Trading T+1 (DR): 01:00 PM to 04:00 PM
– Continuous Trading T+0 (DR): 01:00 PM to 03:30 PM
Special Pre-Open (PR) for IPO and Re-Listed Scripts
– Order Entry Period: 12:45 PM to 01:30 PM
– Matching Period: 01:30 PM to 01:45 PM
– Continuous Trading (DR) for SPOS Scripts: 01:45 PM to 04:00 PM
– Periodic Call Auction (2 sessions of 1 hour each) (DR): 01:15 PM to 03:15 PM
– Afternoon Block Deal Window: 02:05 PM to 02:20 PM
Auction for Settlement Details (DR)
– Offer Entry and Matching Timings: 02:00 PM to 02:45 PM
– Closing: 04:00 PM to 04:10 PM
– Post-closing: 04:10 pm to 04:20 pm
– Trade Modification T+1: Close at 04:15
– Trade Modification T+0: Close at 03:45
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