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Sebi's New Decision on Algo Trading: Deadline Extended, but Strict Action on Brokers Will Intensify!
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Sebi's New Decision on Algo Trading: Deadline Extended, but Strict Action on Brokers Will Intensify!
Market regulator Securities and Exchange Board of India (SEBI) has extended the deadline for implementing rules to make algorithmic (algo) trading safer for retail investors. This will give stock brokers more time to update their systems. SEBI had originally planned to implement these rules from August 1, but postponed it to October 1. Many brokers are now taking time to update their systems based on recent changes and clarifications from stock …
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