NSE, BSE Announce Special Trading Session Tomorrow; Check The Timings, Segments

Special Trading Session: This session, encompassing the equity and equity derivatives segments, aims to evaluate the exchanges' disaster preparedness in the event of significant disruptions

Special Trading Session: The National Stock Exchange (NSE) and the BSE have scheduled a special trading session on Saturday, May 18. This session, encompassing the equity and equity derivatives segments, aims to evaluate the exchanges' disaster preparedness in the event of significant disruptions.

During this session, both exchanges will conduct an intraday switch from their primary trading site to the disaster recovery (DR) site. "Members are requested to note that Exchange shall be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site on Saturday, May 18, 2024 in Equity and Equity Derivatives segments," NSE announced in a statement.

A similar session was previously held on March 2, 2024, in coordination with the Securities and Exchange Board of India (SEBI) and its technical advisory committee. These exercises are part of ongoing efforts to ensure market infrastructure is prepared for unforeseen events and can promptly restore operations from the DR site.

Special Session Schedule

Primary Session (Cash Market):

Morning block deal window: 8:45 AM - 9:00 AM

Pre-open session: 9:00 AM - 9:08 AM

Normal trading: 9:15 AM - 10:00 AM

Break: 10:00 AM - 11:15 AM

Second Session (Disaster Recovery Site):

Pre-open session: 11:15 AM - 11:23 AM

Normal trading: 11:30 AM - 12:30 PM

Post-close order modifications: until 1:00 PM

Futures & Options Segment:

Initial session (primary site): 9:15 AM - 10:00 AM

Second session (DR site): 11:45 AM - 12:40 PM

During the special trading session, all securities, including those with derivative products, will have a maximum price band of 5 per cent. Securities currently in a 2 per cent or lower price band will retain their respective bands. Additionally, a 5 per cent price band will apply to all close-ended mutual funds (MFs).

This session is a crucial step in ensuring that the NSE and BSE can maintain operational continuity and market stability during unexpected disruptions.