On January 20, the National Stock Exchange (NSE) and BSE have arranged a special live trading session to transition to the Disaster Recovery (DR) site.
• The National Stock Exchange (NSE) and BSE have scheduled a special live trading session on January 20 to switch to the Disaster Recovery (DR) site.
• The trading sessions will be divided into two segments: 9.15 am to 10 am and 11.30 am to 12.30 pm.
• In this special session, all futures contracts will have a 5% operating range, while stocks in the Future and Options (F&O) segment will have upper and lower circuit limits of 5%. Stocks with a 2% limit will maintain their existing circuit parameters.
• Price bands for equity and futures contracts are established at the beginning of the day and are applicable to the DR site. Adjustments to options contracts’ bands will mirror changes at the DR site until the closing time of the Primary site (PR).
• The exchanges initiated the switchover of trading systems from the PR location to the DR location on January 13, as per circulars issued by NSE and BSE.
• Switching to the DR site is crucial for ensuring business continuity in the face of major disruptions or failures on the primary site. It aims to minimize downtime and maintain operational stability during unforeseen events.
• The bourses have assured a seamless transition from the primary site to the DR site within specified timeframes, aligning with SEBI discussions on preparing Market Infrastructure Institutions to manage operational disruptions and meet Recovery Time Objectives at the DR site.
Update* On Saturday, January 20, the stock market will operate a full-day schedule from 9 am to 3:30 pm, with normal hours for equity and equity derivative segments, excluding DR movements. However, the stock market will be closed on Monday, January 22.
BSE: January 20 (Saturday) trading will occur from 9:15 AM to 3:30 PM. Additionally, the expiry for BANKEX has been rescheduled to January 20 (Saturday) from its original date of January 22 (Monday).
