New Delhi, Sep 30
The Securities and Exchange Board of India (SEBI) on Tuesday once again extended the timeline for implementing its framework on “Safer participation of retail investors in algorithmic trading.”
The regulator said stock brokers will now get more time to comply with the new rules after many brokers and algo vendors requested additional time to make system-related changes.
They will have to complete registration of retail algo products and some strategies by November 30 and participate in at least one full-fledged mock trading session by January 3, 2026.
This mechanism will help exchanges track algo orders placed through Direct APIs. Algo providers will also have to be empanelled with the exchange before registering their products, and the process will have to be done through a trading member before an algo ID is issued.