The Bombay Stock Exchange (BSE) on February 14, 2024, issued a notification regarding Pre-Trade Risk Control - Enhancements to Market price orders in the Equity Derivatives segment.
The following has been stated: -
•This is with reference to Exchange circular nos. 20240205-29, dated February 05, 2024, and 20240209-56 dated February 09, 2024, regarding Pre-Trade Risk Control - Enhancements to Market price order in the Equity Derivatives segment.
•Trading members are informed that changes pertaining to enhancements to market price orders shall now be made applicable for live trading in the Equity Derivatives segment with effect from Monday, February 26, 2024.
•To facilitate the roll-out, the changes shall be available during the mock trading session on Saturday, February 24, 2024. Details of mock session timings shall be communicated via a separate circular.
•Trading members and trading application vendors are requested to make a note of this and handle the case in their respective front-end trading applications if not handled.
•Further, trading members are also requested to note that the enhancements to the market price order shall be made applicable in the Equity segment with effect from Monday, March 18, 2024. Details related to the enhancements shall be communicated via a separate circular shortly.
The detailed notification is given in the document attached below.
[Notice No. 20240214-44]
