BSE and NSE to conduct special trading session today

Mar2,2024



New Delhi: BSE And NSE ready to organize a special event trading session In equity and equity derivatives segment today. The purpose of this session is to test their promptness Dealing with major disruptions or failures at the primary site. There will be an intra-day switch over from the Primary Site (PR) to the Disaster Recovery (DR) site during the session.
The special live trading session will be divided into two parts. The first session will be held from 9:15 am to 10 am on the PR site, while the second session will be held on the DR site from 11:30 am to 12:30 pm. site.
A maximum price band of 5% will be applied for all securities including derivative products. However, securities already in the 2% or lower price band will continue to be available in their respective bands.
This session has been organized in consultation with the Securities and Exchange Board of India (SEBI) and their Technical Advisory Committee. It aims to evaluate the readiness of market infrastructure institutions such as exchanges to handle unexpected events that may impact their operations.
Additionally, it aims to assess the capacity of these institutions to restore operations from the DR site within the stipulated time frame.
It is a common practice to switch to a DR site to ensure business continuity in the event of a major disruption or failure at the primary site.



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *