National Stock Exchange and Bombay Stock Exchange to Hold Special Live Trading Session on May 18
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will be open for a special live trading session on May 18, 2024. The purpose of this session is to test the exchanges’ readiness and resilience in case of disruptions.
During the session, which will take place in two parts, there will be an intra-day switch from the primary site to the disaster recovery site across equity and equity derivative segments. The first session will be from 9:15 AM to 10:00 AM, and the second session will be from 11:30 AM to 12:30 PM.
The BSE has requested trading members to note this schedule and be prepared for the session. All securities, including those with derivative products, will have a maximum price band of 5% during the session. The price band applicable at the primary site at the start of the day will also apply at the disaster recovery site.
The special live trading session is part of the BSE and NSE’s ongoing efforts to ensure that the Indian stock market is resilient and can continue to operate even in the event of a major disruption.
Key Points:
* The special live trading session will take place on May 18, 2024, in two parts: from 9:15 AM to 10:00 AM and from 11:30 AM to 12:30 PM.
* All securities, including those with derivative products, will have a maximum price band of 5% during the session.
* The price band applicable at the primary site at the start of the day will also apply at the disaster recovery site.
* The purpose of the session is to test the exchanges’ readiness and resilience in case of disruptions.
