Cryptocurrency Q&A
Is algo trading legal?
Is algo trading legal?
amelia_jackson_environmentalist
Tue Oct 15 2024
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7 answers
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I'm interested in algorithmic trading, but I'm not sure if it's allowed. I want to know if ALGO trading is legal or not, as I don't want to get into any trouble by using automated systems to trade in the financial markets.
7 answers
Giuseppe
Wed Oct 16 2024
The regulatory framework aims to strike a balance between fostering innovation and mitigating risks. It outlines the guidelines and standards that market participants must adhere to, ensuring fair and transparent trading practices.
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SsamziegangStroll
Wed Oct 16 2024
Since the Securities and Exchange Board of India (SEBI) granted approval for algorithmic trading in 2008, the financial landscape has undergone significant changes. Large players in the market, primarily high-net-worth individuals (HNIs) and prominent corporations, have capitalized on this opportunity.
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amelia_doe_explorer
Wed Oct 16 2024
Among the key aspects of this framework is the requirement for participants to register their algorithmic trading systems with SEBI. This registration process ensures that the systems are thoroughly vetted and comply with the prescribed norms.
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Caterina
Wed Oct 16 2024
These players have embraced algorithms and high-frequency trading systems as their primary tools for generating profits for their clients. These advanced systems enable swift decision-making and execution, resulting in efficient trade executions and potential profitability.
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ShadowFox
Wed Oct 16 2024
Moreover, SEBI has imposed strict monitoring and surveillance mechanisms to detect and prevent any manipulative or abusive trading practices. These measures are intended to safeguard the integrity of the market and protect the interests of investors.
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