Description

BSE announces provisional empanelment of Oraph Private Limited as an algorithmic trading solutions provider for trading members.

Summary

BSE has provisionally empanelled Oraph Private Limited as an algorithmic trading solutions provider for trading members of the Exchange. This empanelment is effective immediately and expands the list of approved vendors that trading members can engage with for algorithmic trading services.

Key Points

  • Oraph Private Limited has been provisionally empanelled with BSE
  • The vendor is approved to provide algorithmic trading solutions to BSE trading members
  • Empanelment is effective immediately from December 4, 2025
  • Vendor contact: D-393, Third Floor, Defence Colony, New Delhi – 110024 (Phone: +91 9810992306)
  • Complete list of algo providers is available on BSE website

Regulatory Changes

No regulatory framework changes. This is an addition to the existing list of empanelled algorithmic trading solution providers.

Compliance Requirements

No new compliance requirements. Trading members seeking to use algorithmic trading solutions may engage with the newly empanelled vendor. Members should verify the vendor’s provisional empanelment status before engagement.

Important Dates

  • Effective Date: December 4, 2025 (immediate effect)
  • Notice Date: December 4, 2025

Impact Assessment

This circular has minimal market impact. It provides trading members with an additional approved vendor option for algorithmic trading solutions. Members currently using or planning to use algorithmic trading services now have one more empanelled provider to choose from. The provisional nature of the empanelment suggests BSE will monitor the vendor’s performance before granting permanent approval. Trading members interested in algorithmic trading solutions can access the full list of empanelled providers at https://www.bseindia.com/static/markets/Derivatives/DeriReports/market_information.html

Impact Justification

Routine administrative notice regarding vendor empanelment with no direct market impact or compliance obligations for most members