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.