New Delhi, Sep 30 (PTI) Capital markets regulator Sebi on Tuesday granted additional time to stock brokers for the full rollout of the retail algo trading framework by April next year, allowing a phased implementation to ensure a smooth transition to the new system.

According to Sebi, stock brokers who are ready with the required systems can go live with the new framework from October 1 this year.

Algorithmic trading (algo trading) provides the advantages of faster order execution and improved liquidity.

The framework’s implementation, originally scheduled to come into effect from August 1, was earlier deferred till October 1.

However, based on fresh representations from stock brokers and algorithm vendors, Sebi has provided a phased glide path for complete implementation, the regulato

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