Special Live Trading Session – 22 Mar 2014 | NSE | BSE

Live Special Trading on Saturday 22 Mar 2014 – NSE, BSE

Special Live Trading Session will be conducted on National Stock Exchange of India (NSE) and Bombay Stock Exchange of India (BSE) on March 22, 2014, Satuarday.  This Special live trading session  is conducted to test the trading servers at Bombay Stock Exchange’s Disaster Recovery Site and National Stock Exchange’s BCP site.

Exchanges maintain standby trading facilities and servers at remote physical location other than their main location.  This is necessary to recover all the data and continue trading in case of any disasters like floods, terrorist attacks etc., These servers are tested occasionally on satuarday’s for their efficient functioning in live trading environment.  special live trading session on 22 March 2014, Satuarday will be for shorter duration than usual trading hours on the exchange.  Usually all the exchanges in which equities, derivatives, SLB’s traded, conduct such live special trading sessions in consultation with each other. This is necessary to avoid price variations on each of these exchanges.  Although special session for trading to test backup facilities are notified by NSE and BSE, no such circular is not yet issued by MCX-SX. So, as of now there is no clarity whether there will be a live special trading session on MCX-SX on 22 Mar 2014.

Timings for special live trading session BSE Cash

SessionStart TimeEnd Time
LoginFrom 10:00 a.m.
Pre-open
·         Order Entry11:00 a.m.11:07 a.m.
·         Matching11:08 a.m.11:15 a.m.
Special Pre-Open session for IPO & Re-listed scrip’s*
·         Order Entry11:00 a.m.11:44 a.m.
·         Matching11:45 a.m.12:00 p.m.
Periodic Call Auction
·         Order Entry11:30 a.m.12:14 p.m.
·         Matching12:15 p.m.12:30 p.m.
Continuous Trading#11:15 a.m.12:45 p.m.
Closing12:45 p.m.13:05 p.m.
Post Closing13:05 p.m.13:15 p.m.

Read more about periodic Call auction conducted on NSE and BSE

Timings for special live trading session BSE FNO

Session
Start Time
End Time
Continuous Trading
11:15 a.m.
12:45 p.m.
Closing
12:45 p.m.
13.05 p.m.

 

All the transactions done in BSE Cash and BSE FNO during special live trading session will be settled in separate settlement.

Timings for special live trading session NSE Cash

special live trading session on nse and bse on 22 March 2014

Timings for special live trading session NSE FNO

 Saturday, 22 March 2014
Time
Normal Market Open11:15 hrs.
Normal Market Close12:45 hrs.
Position Limit/Collateral value Set up cut off time13:05 hrs.
Trade modification end time13:05 hrs.

MTM (Mark to Market) settlement for trading done on futures segment during special live trading session on satuarday and options premium settlement will be effected on 25 March 2014.

Refer NSE  Download Ref No : NSE/CMTR/26045 Date : March 04, 2014, Circular Reference Number 11/2014 and BSE Notice Number 20140305-31 dated 05 March 2014.