The BSE and NSE will conduct a special trading session in the equity and equity derivative segments on Saturday (March 2) to check their preparedness to handle any major disruptions or failures at the primary site.
There will be an intra-day switch-over from Primary Site (PR) to Disaster Recovery (DR) site. There will be two sessions during the day on Saturday. The first will be held from from 9:15 am to 10 am on the PR and the second session from 11:30 am to 12:30 pm on the DR site.
During the special session, all securities, including those on which derivative products are available, will have a maximum price band of 5 per cent. Securities that are already in the 2 per cent or lower price band will continue to be available in the respective bands.
"Trading members are requested to note that the exchange will conduct a special live trading session with intraday switch over from Primary Site (PR) to Disaster Recovery Site (DR) on Saturday, March 2, in equity and equity derivatives segments," BSE and NSE said in separate circulars.
The special trading session is conducted based on the discussions with markets regulator Sebi and their technical advisory committee to assess the preparedness of market infrastructure institutions like exchanges to handle any sort of an unforeseen event affecting the market operations and to restore operations from the DR site within the stipulated time.
