Description
BSE provisionally empanels Quartgen Solutions Private Limited to provide algorithmic trading solutions to trading members.
Summary
BSE has provisionally empanelled Quartgen Solutions Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members. The empanelment is effective immediately, and the updated list of Algo Providers is available on the BSE website.
Key Points
- Quartgen Solutions Private Limited has been provisionally empanelled as an Algo Provider
- Company is located at 601, Spaces 912, Pleasant Park, Mira Road, Mumbai 401107
- Contact number: +91 98332 99043
- Trading members can engage this vendor for algorithmic trading solutions
- Updated Algo Provider list available on BSE derivatives market information page
Regulatory Changes
No regulatory changes. This is a routine vendor empanelment announcement.
Compliance Requirements
No specific compliance requirements. Trading members interested in using Quartgen Solutions’ algorithmic trading services may engage with the vendor at their discretion.
Important Dates
- Effective Date: December 5, 2025 (immediate effect)
Impact Assessment
Minimal market impact. This circular expands the list of approved algo providers available to trading members, providing additional vendor choice for those seeking algorithmic trading solutions. The provisional empanelment allows trading members to evaluate and potentially engage Quartgen Solutions’ services.
Impact Justification
Routine vendor empanelment notice affecting only trading members who wish to use this specific algo provider's services