NSE issues standards for algo trading

The National Stock Exchange (NSE) on Monday released implementation standards for algorithmic (algo) trading, aligning with recent norms framed by the Securities and Exchange Board of India (Sebi) to ensure safer participation for retail traders.

- KHUSHBOO TIWARI

The new norms, effective from August 1 this year, were initially set for implementation on April 1 but were postponed to May 1 to allow stock exchanges time to finalize standards.

In February, Sebi mandated that algo-trading providers register with stock exchanges and outlined rules for using application programming interfaces (APIs). These regulations aim to close regulatory gaps and strengthen investor protection.