Special LIVE Trading Session On Saturday, 18 May, 2024

Special LIVE trading session on Saturday, 18 May, 2024

On Saturday, 18 May 2024, NSE & BSE will host a special LIVE trading session in the Equity and Derivative (F&O) segments.

Why is this session happening?

This session is happening because SEBI wants to ensure that market intermediaries such as Exchanges, Clearing Houses, and Depository Organisations can smoothly switch to a backup plan - the Disaster Recovery (DR) site in case of an unexpected disaster. It aims to ensure that trading activities continue without interruptions and that all data remains secure.

*Pre-open for Session 1 - 9:00 AM to 9:08 AM

*Pre-open for Session 2 - 11:15 AM to 11:23 AM

Two trading phases from 9:15 IST to 10:00 IST and 11:30 IST to 12:30 IST

Closing Session - 12:40 PM to 12:50 PM

Keep in mind:

• - Any open orders not executed by the end of the first session will be cancelled and won’t be carried forward to the next session

Circuit Limits

• - All Securities including F&O Stocks will have circuit limits set at 5%
• - Stocks currently having a 2% limit will maintain that limit
• - All Futures contracts will operate within a 5% range
• - Price bands of 5% will be applicable on all close-ended Mutual Funds

Trading Restrictions

• - Only Delivery trades will be allowed; no Intraday Trading
• - No new positions positions can be taken via Margin Trading Facility (MTF), you can only square-off existing trades
• - Margin pledge (pledging and unpledging) will be unavailable