On Saturday, March 2, 2024, Indian stock exchanges will hold a unique live trading session to test its Disaster Recovery (DR) site. In the event of unanticipated disruptions, this training will assist in maintaining company continuity by simulating a genuine trading environment.
The special session was supposed to take place on January 20, however, because of the Ram Temple consecration ceremony in Ayodhya, on January 20 a full trading session was held, and on January 22 the stock market was declared closed.
The session will be divided into two phases. The first segment will consist of a 45-minute seminar starting at 9:15 am. The second special live trading session will begin at 11:30 am and terminate at 12:30 pm.
Pre-Open will begin at 9 a.m. and terminate at 9:08 a.m. for the first session. Pre-Open opens at 11:15 a.m. and closes at 11:23 a.m. for the second session.
Important changes for the special session
Note: Only the special session on March 2nd will be affected by these modifications. On the next trading day, regular trading procedures will be resumed.
March 1 purchases on the stock market will be completed on Monday, March 4, as March 2 is a settlement holiday. Funds from F&O transactions executed on March 1st are not permitted to be used during the special DR sessions to ensure that the testing does not interfere with the regular settlement cycle.
This special session is a critical step in ensuring that the stock markets continue to operate normally even in the event of unanticipated events. It is recommended that investors are informed of the modifications to the trading rules and price bands for the special session.
Trading hours – Capital Market (CM) Segment:
Live trading from the Primary Site:
Saturday, March 02, 2024 | Time |
Trading Session – 1 | |
Morning Block Deal Window Session – 1 open time | 08:45 hrs. |
Morning Block Deal Window Session – 1 close time | 09:00 hrs |
Pre – Open: open time | 09:00 hrs |
Pre – Open: close time | 09 : 08 hrs |
Normal Market open time | 09:15 hrs |
Call Auction Illiquid session 1 open time | 09:30 hrs |
Call Auction Illiquid session 1 close time | 09:45 hrs |
Normal Market close time | 10:00 hrs |
Live trading from DR Site:
Saturday, March 02, 2024 | Time |
Trading session – 2 | |
Pre – Open: open time | 11:15 hrs |
Pre – Open: close time | 11:23 hrs |
Normal Market open time | 11:30 hrs |
Call Auction Illiquid session 2 open time | 11:45 hrs |
Call Auction Illiquid session 2 close time | 12:00 hrs |
Normal Market close time | 12:30 hrs |
Closing Session open time | 12:40 hrs |
Closing Session close time | 12:50 hrs |
Trade Modification end time | 13:00 hrs |
Trading hours – Futures & Options (F&O) Segment:
Live trading from Primary Site:
Saturday, March 02, 2024 | Time |
Trading Session – 1 | |
Normal Market open time | 09:15 hrs |
Normal Market close time | 10:00 hrs |
Live trading from DR Site:
Saturday, March 02, 2024 | Time |
Trading Session – 2 | |
Normal Market open time | 11:30 hrs. |
Normal Market close time | 12:30 hrs. |
Trade modification end time | 12:40 hrs |
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Feb 15, 2024, 11:10 AM IST
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