TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Algo Trading Rules: Biannual Audits Required, Stricter Surveillance on High Order-to-Trade Ratios Effective May 27, 2013.</h1> SEBI has revised guidelines for algorithmic trading, requiring stock brokers and trading members to conduct system audits of their trading algorithms every six months. Audits must be performed by certified auditors, and any deficiencies must be reported and corrected immediately. Serious issues may result in the suspension of trading software usage and potential penalties. Stock exchanges are tasked with enhancing surveillance to prevent market manipulation and must review penalty rates for high order-to-trade ratios, doubling existing charges. Repeated violations may lead to suspension of trading rights. These measures take effect from May 27, 2013.
TaxTMI 
TaxTMI 
