This is not a technical question on algo trading but rather a regulatory one
I read an article today
I read that such a proposal was already discussed and its coming up now again.
What could be the posisble impacts for a retail trader working privately on an algo strategy ? (Like many quants on this platform)
Institutions wil have their way around, but is there a possibility that retail algos will be blocked by the broker ?
Looks like SEBI is talking about algos provided by third party vendors (which may be advisory in nature)
However at the broker end , there is no way to differentiate whether algo request comes by a retail individual or third party
Its bit confusing
Hi Prasanna,
It is an interesting proposal and looking forward to the framework but it shouldn't be a cause of concern as of now.
Thanks Rekhit