This is with reference to SEBI circular SEBI/HO/MRD/TPD/P/CIR/2024/167 dated 28th November 2024 and
BSE circular no. 20241203-37 dated 3rd December 2024 regarding Business Continuity for Interoperable Segments of Stock Exchanges.
Pursuant to the SEBI circular, the Exchanges have been directed to implement a mechanism to ensure business continuity in case of outage
of trading venue that may occur during trading hours at either of the Stock Exchanges. Accordingly, in the event of an outage,
BSE shall act as an alternative trading venue for NSE and vice versa. Accordingly,
Exchanges shall create reserve scrips (i.e. exclusively listed scrips of other Exchange) / contracts (i.e. futures & options contracts on exclusively listed stock derivatives at NSE)
and facilitate trading in these scrips on the day of outage at the affected trading venue.
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Reference of Exchange Circular provided below -
| December 03, 2024 |
20241203-37 |
Business Continuity for Interoperable Segments of Stock Exchanges |
| March 03, 2025 |
20250328-40 |
Business Continuity for Interoperable Segments of Stock Exchanges for Currency Derivatives segment / IRD - Update |
| March 03, 2025 |
20250328-19 |
Business Continuity for Interoperable Segments of Stock Exchanges for Equity Derivatives segment - Update |
| March 03, 2025 |
20250328-18 |
Business Continuity for Interoperable Segments of Stock Exchanges for Equity Segment – Update |
|