BSE, NSE to conduct mock trading sessions on Apr 1

Leading bourses BSE and NSE will conduct mock trading sessions on Saturday to test system and software related to trading and risk management.
The two bourses separately said they will conduct mock trading sessions on Saturday, April 1, 2017.
In three separate circulars, the BSE said the mock trading would be held for the equity, equity derivatives and currency derivative segments.
The move is a part of BSE's efforts to provide its members with a robust and efficient system for trading with better features.
The NSE would be conducting mock-trading session to test the system performance in the capital market, currency derivatives and Futures & Options (F&O) segments, the exchange said in its circulars.

"Trading members shall ensure that all user-ids approved for algorithmic trading, irrespective of the algorithm having undergone change or not, shall participate in the mock trading session," the BSE said.
Algorithmic trading refers to high-frequency and automated execution of trades on the stock exchanges through pre-programmed software platforms installed on servers.
"Trading members using third-party trading platforms can also test their respective trading application during the session for various functionalities, including exceptional market conditions," the BSE added.