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Testing of software used in or related to Trading and Risk Management - SEBI - SEBI/HO/MRD1/DSAP/CIR/P/2020/234

Extract

..... s seeking relaxation from the requirement of software testing, prescribed in the aforementioned circulars. 2. After due examination and consultation with stakeholders, it has been decided that requirement of mandatory mock trading sessions to facilitate testing of new software or existing software that has undergone any change of functionality shall be optional if a Stock Exchange provides suitable simulated test environment to test new software or existing software that has undergone any change .....

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Testing of software used in or related to Trading and Risk Management - SEBI

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..... o all participating members. The Exchange shall provide summary report of such activity to SEBI in the monthly development report (MDR). 3. Other conditions prescribed in SEBI Circulars dated August 19, 2013 and February 07, 2014 shall remain unchanged. 4. Stock exchanges are directed to: 4.1. take necessary steps and put in place necessary systems for implementation of the above. 4.2. make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above d .....

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Testing of software used in or related to Trading and Risk Management - SEBI

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