NEW DELHI: Metropolitan Stock Exchange of India Ltd (MSEI) will conduct mock trading sessions on April 1 to test systems and applications related to trading and risk management.
The sessions would be conducted in equity, equity derivatives and currency derivative segments.
"All MSEI members are encouraged to participate in the mock trading to test the system's performance.
"Trades resulting from such mock trading will not attract any margin/settlement obligation and do not create any rights and liability on members," the exchange said in a release today.
MSEI is the third national stock exchange and has approvals to have trading in equity, equity derivatives, debt, currency derivatives and interest rates derivatives segments.
Earlier this week, BSE and NSE had also announced mock trading sessions on April 1.
While BSE would conduct the sessions in equity, equity derivatives and currency derivative segments, NSE would conduct them in capital market, currency derivatives and Futures & Options (F&O) segments.
The Securities and Exchange Board of India (Sebi) guidelines require stock exchanges to conduct mock trading on a monthly basis to test trading and risk management related systems and applications.