Notices
Notice No20190226-18Notice Date26 Feb 2019
CategoryTradingSegmentEquity
SubjectTesting of software used in or related to Trading and Risk Management
Content

This is with reference to Exchange Notice no. 20131001-41 dated October 01, 2013, Exchange Notice no. 20180927-44 dated September 27, 2018 and SEBI Circular No. CIR/MRD/DP/06/2014 dated February 7, 2014, regarding Testing of software used in or related to Trading and Risk Management systems.

 

In continuation of the above mentioned circulars, Trading members are hereby informed about additional mandatory risk checks and other model checks (wherever applicable), which they shall be required to provide while applying for approval for the Algorithmic Trading facility. Accordingly, revised “Annexure E” is attached herewith for reference.

This notice is applicable from February 26, 2019.

 

 

For and on behalf of BSE Ltd.,

 

Ketan Jantre                                                               Sandeep Pujari
Sr. General Manager                                                  Asst. General Manager
Trading Operations                                                   Trading Operations 

 

Enclosed:

Annexure E – System Audit Checklist for Algorithmic Trading

 

 

Attachments
Annexure E-System Audit Checklist for Algorithmic Trading.doc