SEBI-recognised Metropolitan Stock Exchange of India (MSEI) on Thursday said it will conduct a mock trading session in equity, equity derivatives and currency derivatives segments on Saturday.
"Trades resulting from such mock trading will not attract any margin/settlement obligation and do not create any rights and liability on members," the stock exchange platform said in a statement.
As per 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, the statement added.
MSEI is the third national level stock exchange, with licences to operate in currency, interest rate and equity derivatives, equity cash, ETFs (exchange-traded funds) and debt.
--IANS
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