Metropolitan Stock Exchange of India Limited (MSEI), the third national level stock exchange is all set to conduct a mock trading session in equity, equity derivatives and currency derivatives segments on April 1, 2017.
As per Securities and Exchange Board of India's (SEBI's) requirements, mock trading is conducted on a monthly basis by all the stock exchanges-MSEI, BSE and NSE to test trading and risk management-related systems and applications.
All MSEI members are encouraged to participate in the mock trading to test the system's performance. Trading members, using in-house or empanelled vendor's algorithms, are required to take part in the session with their user-ids.
Trades resulting from such mock trading will not attract any margin or settlement obligation and do not create any rights and liability on members.
This session aims to provide a better trading experience to MSEI members.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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