uTradealgos

Is algo trading legal in India?

Yes, algorithmic trading is legal and compliant in India for both retail investors and institutional traders. The Securities and Exchange Board of India (SEBI), the regulatory authority overseeing securities and commodities markets in India, permits and regulates algorithmic trading activities. It has established guidelines and regulations for algorithmic trading to ensure fair and transparent market practices while providing a framework for market participants to engage in automated trading strategies. uTrade Algos, as an authorised vendor with Indian stock exchanges such as NSE, BSE, among others, strictly adheres to all regulatory guidelines and mandates. Furthermore, all pre-designed strategies (uTrade Originals) undergo approval by the exchanges before being listed on the platform, ensuring the safeguarding of investors’ interests and compliance with regulatory standards.