Mumbai, Jan 16 (PTI) In line with preparing itselfto launch commodity derivatives transactions, leading stockexchange BSE has decided to hold mock trading sessions forsuch products from January 29.The stock exchange has also informed its tradingmembers that once commodity derivatives are launched, theirtrading would be conducted on the exchange's BOLT Plus. Theplatform currently offers trading in equities, equityderivatives as well as currency derivatives."Mock trading in test environment for the commodityderivatives segment shall be made available daily from Monday,January 29, 2018 onwards," BSE said in a circular datedJanuary 15."Details related to connection parameters, timings andfile formats shall be communicated via a separate circular,"the exchange added.Informing its trading members that it plans to offertrading in commodity derivatives, subject to regulatoryapprovals, BSE added that "trading in commodity derivativesshall be conducted on the BOLT Plus trading platform, its newgeneration trading system".It has also asked the members using vendor-based orin-house developed front-end trading applications to initiatenecessary development in their respective trading application.On December 28, 2017, the markets regulator Sebi hadannounced that the country would have a unified exchangeregime from October, wherein stock exchanges would be allowedto offer trading in commodities derivatives. Detailedguidelines are awaited.BSE, which is ready to launch commodities derivatives as and when the regulator comes out with detailed regulations, will enter the segment with non-agri products such as bullion, base metals, crude, and natural gas among others. It will also offer free-membership for the segment.
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