if you share If you are a market investor then there is good news for you. Despite it being Saturday, the stock market will still be open today. That means you will be able to buy and sell shares. Let us tell you that the National Stock Exchange (NSE) and BSE will organize a special trading session in the share and equity futures-options section on Saturday. This trading session is being organized to test the preparedness to face any disruption in the market.
Two trading sessions will be organized
During the special trading session, the primary site (PR) will be moved to the disaster recovery (DR) site. There will be two sessions – the first from the PR site from 9:15 am to 10:00 am, and the second from the DR site from 11:30 am to 12:30 pm. The maximum price range for all securities on which futures-options products are available will be five percent during the special session. Securities already in the price band of two per cent or less will continue to be available in their respective bands. “The exchange will set up a special ‘live’ trading platform to ‘switch’ from the primary site to the disaster recovery site in the stock and equity futures-options segment on Saturday, May 18, 2024,” the stock exchanges said in separate circulars. Will organize the session.
The market was open in the same manner on March 2 also.
Earlier, NSE and BSE had held similar trading sessions on March 2. These trading sessions are being conducted based on discussions with market regulator SEBI and their technical advisory committee. The objective of this initiative is to assess their preparedness to handle any unexpected incident.
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