market regulator Sebi issues latest new rules for retail investor algo trading unique ID required vendor broker 2-factor open api authentication high volume exchange board india

Market regulator Sebi contiguous (Tuesday, February 4, 2025) issued caller rules for retail capitalist algo trading.

Rules volition travel into effect from August 1, broker ISF volition hole a blueprint by April 1.

As per Securities Exchange Board of India's (Sebi) caller rules, from present onwards, a unsocial individuality volition beryllium required for each algo deals.

As per the rules, support of speech volition beryllium required for each algo.

The registration is mandatory for high-volume orders by retail investors.

Technical mentation of brokers is necessary. At the aforesaid time, unfastened API volition not beryllium exempt.

A 2-factor authentication of API has been made mandatory for each brokers.

Retail investors tin present enactment lone with vendors empanelled by the exchange.

Other than that, brokers volition beryllium liable for resolving complaints of algo trading.

Vendors volition beryllium considered agents of the broker for algo trading done API.

Exchange volition beryllium liable for monitoring each algo deals.

There volition beryllium 2 categories of algos, achromatic container and achromatic box.