Is algo trading banned?

In India, the realm of algorithmic trading, or ALGO trading, has been officially recognized and legalized. This move signifies a pivotal shift in the country's financial landscape, acknowledging the growing significance of automated trading strategies.

The Securities & Exchange Board of India (SEBI), the regulatory authority overseeing the securities market in India, has taken proactive steps to ensure the orderly conduct of algo trading within its jurisdiction. By introducing a comprehensive set of regulations and guidelines, SEBI aims to strike a balance between fostering innovation and safeguarding market integrity.

Notably, these regulations are not universally applicable but are tailored specifically for large institutions such as brokerage firms, banks, and investment firms. This targeted approach acknowledges the unique capabilities and responsibilities of these entities in the algorithmic trading ecosystem.

For these institutions, adhering to SEBI's guidelines becomes imperative. They must ensure that their algo trading activities comply with the stipulated rules, not just to avoid legal repercussions but also to maintain their reputation and credibility in the market.

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