Algorithm Trade

Sebi proposes rules to govern AI, ML tools used by market participants

Sebi's draft guidelines aim to ensure safe, fair, and transparent use of AI and ML by exchanges, brokers, and mutual funds, with provisions for oversight, testing and privacy

'There is increased interest for algo products now among retail investors'

The broking, wealth management industry is likely to see a consolidation phase over the next 6 to 9 months, driven by challenging market conditions, said Ashok Jain of Arihant Capital

Trading with machine: Algorithms now dominate all parts of financial mkts

Arbitrages of tiny price imperfections, and responses to news flow, such as quarterly results, are now controlled almost entirely by silicon

Time to change Sebi rules on advice

If you read Sebi regulations on investment advice, retail algos are illegal products

Sebi paper skirts illegality of retail algos

A cursory look at the algo creators will show that the very purpose of algos is to offer buy/sell recommendations, often marketed by making wild claims

Regulate, don't stifle

Sebi's proposal to treat all APIs as algo trade is unwarranted

Sebi to put a leash on third-party algo providers, to build a new framework

Says unapproved programmes pose risk to market and can be misused for systematic manipulation

Sebi proposes strict measures to curb 'algo trade' menace

Asks for reactions by month-end; aim to ensure 'level field' for non-algo investors