Description

BSE announces the provisional empanelment of Oraph Private Limited as an Algo Provider for providing algorithmic trading solutions to trading members.

Summary

BSE has provisionally empanelled Oraph Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members of the Exchange. The empanelment is effective immediately and the updated list of Algo Providers is available on the BSE website.

Key Points

Regulatory Changes

No regulatory changes. This is an administrative notice regarding vendor empanelment.

Compliance Requirements

No specific compliance requirements for trading members. This is an informational circular about an available service provider. Trading members may choose to engage with the empanelled Algo Provider if they require algorithmic trading solutions.

Important Dates

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

Impact Assessment

Market Impact: Minimal. This is an administrative notice that expands the list of approved algorithmic trading solution providers available to trading members.

Operational Impact: Low. Trading members seeking algorithmic trading solutions now have an additional provisionally empanelled vendor option. This does not impose any obligations on existing trading members and is relevant only to those seeking such services.

Impact Justification

Administrative notice about vendor empanelment with no direct market impact or compliance obligations for most trading members