Dear Colleagues,
SEBI vide its circular dated 29th July, 2025 has extended the implementation timeline of its earlier circular dated 4th February, 2025, which introduced a framework for safer participation of retail investors in algorithmic trading. Originally scheduled to come into effect from 1st August, 2025, the implementation date has now been deferred to 1st October, 2025 following industry representations seeking more time. Stock Exchanges are directed to notify members, update their systems and rules accordingly, and ensure compliance for smooth and disruption-free rollout.
