BSE) are going to conduct the special live trading session in the equity F&O segment on 20th January 2024 i.e. on Saturday next week. The BSE and NSE aim to switch to the DR site through this special live session.
Both BSE and NSE will conduct two special live trading sessions on January 20, 2024. The first session will begin at 9:15 AM and it will end at 10:00 AM whereas the second session will begin at 11:30 AM and it will close at 12:30 PM. All futures contracts will have an operating range of 5 per cent in this special live trading session.
In this special session, securities will have upper and lower circuit limits of 5%, including stocks that are traded in the F&O segment. Securities that have a 2% upper and lower circuit limits will continue to have a 2% limit. Also Read: Sebi to implement facility of ‘voluntary blocking’ of trading accounts Issuing a circular regarding the upcoming special live trading session, NSE said, "This is in reference to SEBI circular SEBI/HO/MRD/DMS1/CIR/P/2019/43 dated March 26, 2019 regarding framework for Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock Exchanges and depositories and Exchange Circular no.
NSE/MSD/44692 dated June 18, 2020 regarding unannounced live trading sessions from Disaster Recovery (DR) Site and circular no. NSE/MSD/48662 dated June 18, 2021 regarding important guidelines in case of switchover of trading system to Disaster Recovery (DR) Site." Also Read: Gold rate today under pressure as rupee hits 4-month high. Opportunity to buy? The second special live trading session will take place on the DR site.
Read more on livemint.com