MANU/SSMD/0012/2018

Ministry : Securities and Exchange Board of India

Department/Board : Market Regulation Department

Circular No. : SEBI/HO/MRD/DP/CIR/P/2018/62

Date : 09.04.2018

Notification/ Circulars Referred : Circular CIR/MRD/DP/09/2012 dated March 30, 2012 MANU/SSMD/0025/2012;CIR/MRD/DP/16/2013 dated May 21, 2013 MANU/SSMD/0046/2013;CIR/MRD/DP/07/2015 dated May 13, 2015 MANU/SSMD/0006/2015;SEBI/HO/MRD/DP/CIR/P/2016/129 dated December 01, 2016 MANU/SSMD/0022/2016;Circular no. CIR/MRD/DP/24/2013 dated August 19, 2013 MANU/SSMD/0057/2013

Citing Reference:
Circular CIR/MRD/DP/09/2012 dated March 30, 2012 MANU/SSMD/0025/2012  Referred

CIR/MRD/DP/16/2013 dated May 21, 2013 MANU/SSMD/0046/2013  Referred

CIR/MRD/DP/07/2015 dated May 13, 2015 MANU/SSMD/0006/2015  Referred

SEBI/HO/MRD/DP/CIR/P/2016/129 dated December 01, 2016 MANU/SSMD/0022/2016  Referred

Circular no. CIR/MRD/DP/24/2013 dated August 19, 2013 MANU/SSMD/0057/2013  Referred

To

All Stock exchanges (except Commodity Derivatives Exchanges),

Dear Sir / Madam,

Measures to strengthen Algorithmic Trading and Co-location / Proximity Hosting framework

1. SEBI, vide circular CIR/MRD/DP/09/2012 dated March 30, 2012 and circular CIR/MRD/DP/16/2013 dated May 21, 2013 put in place the broad guidelines for algorithmic trading in the securities market. Further, SEBI, vide circular CIR/MRD/DP/07/2015 dated May 13, 2015 and circular SEBI/HO/MRD/DP/CIR/P/2016/129 dated December 01, 2016 laid down guidelines to ensure fair and equitable access to the Co-location/proximity hosting facility offered by stock exchanges.