Special Live Trading Session on January 20
Overview: BSE and NSE have announced a special live trading session scheduled for Saturday, January 20, 2024. This session, in both Equity and F&O segments, involves an intra-day transition from the Primary site to the Disaster Recovery site. Schedule:
Morning Session (Primary Site)
Block Deal Window: 8:45 am to 9 am
Pre-Open Session: 9 am to 9:08 am
Normal Trading Session: 9:15 am to 10 am
Call Auction Illiquid Session: 9:30 am to 9:45 am
Afternoon Session (Disaster Recovery Site)
Special Trading Session: 11:15 am onwards
Normal Trading: 11:23 am to 12:30 pm
Closing Session: 12:40 pm to 12:50 pm
Market Closing Bell: 1 pm
Key Points:
The switch from the Primary to the DR site follows SEBI rules and regulations.
NSE Clearing will be unavailable from 10 am to 2 pm on the specified day.
The special trading session applies only to the equity and equity derivatives segments.
Purpose: The special trading session aims to assess the stock exchanges' preparedness to handle unforeseen events, ensuring a smooth transition to the Disaster Recovery site within the stipulated recovery time.
Regulatory References:
The initiative aligns with SEBI circulars dated March 26, 2019, June 18, 2020, and June 18, 2021, emphasizing the Business Continuity Plan and Disaster Recovery Site framework. Join our WhatsApp Group for Trading/Investment ideas & Market Updates👇
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