Algorithm Trading Software:
Automated Trading" shall mean and include any software or facility by the use of which, upon the fulfillment of certain specified parameters, without the necessity of manual entry of orders, buy/sell orders are automatically generated and pushed into the trading system of the Exchange for the purpose of matching. SEBI has allowed Exchanges to extend Algorithmic trading facility to members involving usage of various Decision Support Tools/algorithms/strategies.
Members can use ATS by procuring Exchange approved ATS software/strategies or develop in-house ATS software/strategies after obtaining permission from the Exchange.
| Sr.No. | Particulars | Link | |
|---|---|---|---|
| a | Apply for Algorithm Trading Software (ATS) through Empanelled Vendor: | ||
| Request/Application form |  |
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| Submission of test reports/Acceptance certificate | |
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| Click here for format of document/checklist | |
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| Refer circular no. NCDEX/TECHNOLOGY-045/2018/169 dated July 09, 2018 for submission of ATS undertaking. |  |
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| Note: ATS undertaking submission is applicable for members who avail ATS facility for the first time. For any subsequent requests, members are required to submit only the ATS documentation. |
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| b | Apply for In-House ATS facility | ||
| Request/Application form | |
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| Submission of test reports/Acceptance certificate | |
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| Click here for format of document/checklist | |
||
| Refer circular no. NCDEX/TECHNOLOGY-045/2018/169 dated July 09, 2018 for submission of ATS undertaking. | |
||
| Note: ATS undertaking submission is applicable for members who avail ATS facility for the first time. For any subsequent requests, members are required to submit only the ATS documentation. |
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