<p>New Delhi: The National Stock Exchange (NSE) and BSE on Tuesday said they will conduct a special trading session in the equity and equity derivative segments on May 18 to check their preparedness for handling major disruptions or failure at the primary site.</p>.<p>The special live trading session will have an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.</p>.Sebi rejects NSE's proposal to extend trading hours.<p> In separate circulars, the two exchanges said there will be two sessions -- the first from 9:15 am to 10 am from the PR, and the second from 11:30 am to 12:30 pm from the DR site.</p>.<p>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 already in the 2 per cent or lower price band will continue to be available in the respective bands.</p>.<p> "Exchange shall be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site on Saturday, May 18, 2024, in equity and equity derivatives segments," NSE and BSE said in separate circulars.</p>.<p> Earlier, NSE and BSE conducted similar trading sessions on March 2.</p>.<p>These sessions are being conducted based on specific discussions with markets regulator Sebi and their technical advisory committee with a view to assessing the preparedness of market infrastructure institutions like exchanges to handle any unforeseen event impacting their operations and restore operations from the DR site within the stipulated time.</p>.<p>Typically, switching to the DR site is done to ensure business continuity in the case of a major disruption or failure at the primary site.</p>
<p>New Delhi: The National Stock Exchange (NSE) and BSE on Tuesday said they will conduct a special trading session in the equity and equity derivative segments on May 18 to check their preparedness for handling major disruptions or failure at the primary site.</p>.<p>The special live trading session will have an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.</p>.Sebi rejects NSE's proposal to extend trading hours.<p> In separate circulars, the two exchanges said there will be two sessions -- the first from 9:15 am to 10 am from the PR, and the second from 11:30 am to 12:30 pm from the DR site.</p>.<p>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 already in the 2 per cent or lower price band will continue to be available in the respective bands.</p>.<p> "Exchange shall be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site on Saturday, May 18, 2024, in equity and equity derivatives segments," NSE and BSE said in separate circulars.</p>.<p> Earlier, NSE and BSE conducted similar trading sessions on March 2.</p>.<p>These sessions are being conducted based on specific discussions with markets regulator Sebi and their technical advisory committee with a view to assessing the preparedness of market infrastructure institutions like exchanges to handle any unforeseen event impacting their operations and restore operations from the DR site within the stipulated time.</p>.<p>Typically, switching to the DR site is done to ensure business continuity in the case of a major disruption or failure at the primary site.</p>