On Saturday, Jan 10, India’s two main stock exchanges, BSE and NSE, will run a mock trading session. The exercise lets brokers and trading platforms try out their systems in a risk‑free environment.
Why a Mock Session?
Mock sessions are practice runs that help participants check order‑management tools, risk controls, and new features without moving real money. Prices shown are simulated and do not affect the live market.
Key Features Being Tested
- Call auction sessions and periodic call auctions
- Risk‑reduction modes and trading halts
- Block‑deal mechanisms for both regular and special securities
- Random order‑entry stoppages to mimic real‑market unpredictability
Schedule at a Glance
- 10:15 am–10:45 am – Login window
- Morning block‑deal window
- Pre‑open sessions for T+1 and T+0 trades
- Continuous trading for both settlement cycles
- Special pre‑open for IPO and re‑listed stocks
- Periodic call auctions and settlement auctions
- Afternoon block‑deal window
- Post‑closing activities and trade‑modification windows
Testing an Alternate Trading Venue
A major highlight is a scenario where NSE experiences a simulated outage. In that case, BSE will step in as the backup venue for securities that normally trade only on NSE. This test checks that trading can continue smoothly even if one exchange faces technical trouble.
What It Means for Brokers
By running these drills, the exchanges can spot glitches before they impact investors. Regular testing strengthens system resilience, improves connectivity, and builds confidence that the market can handle stress situations.
Disclaimer
Remember, this is perspective, not prediction. Do your own research and consider your personal financial situation before making any investment decisions.