Description
BSE announces provisional empanelment of Multiicon Ideotechnology Private Limited as an Algo Provider for algorithmic trading solutions to trading members.
Summary
BSE has provisionally empanelled Multiicon Ideotechnology Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members of the Exchange. This empanelment is effective immediately.
Key Points
- Multiicon Ideotechnology Private Limited has been provisionally empanelled as an Algo Provider
- The vendor is authorized to provide algorithmic trading solutions to BSE trading members
- Empanelment is effective immediately from December 23, 2025
- Full list of empanelled Algo Providers is available on BSE website
Vendor Details
Vendor Name: Multiicon Ideotechnology Private Limited
Address: Office no. 301/302/303, Third floor, Rumi Plaza, Maruti Nagar 3 corner, Airport road, Rajkot, Gujarat – 360005
Contact: +91 9909941828
Compliance Requirements
- Trading members seeking algorithmic trading solutions may engage with the empanelled vendor
- No mandatory action required from trading members
- Members should refer to the updated Algo Providers list on BSE website for all available vendors
Important Dates
- Notice Date: December 23, 2025
- Effective Date: Immediate effect from December 23, 2025
Impact Assessment
This circular has minimal market impact as it is an informational notice regarding vendor empanelment. Trading members now have an additional option for algorithmic trading solutions. The provisional empanelment expands the choice of technology vendors available to market participants for implementing algo trading strategies. The updated list of all empanelled Algo Providers is maintained at: https://www.bseindia.com/static/markets/Derivatives/DeriReports/market_information.html
Impact Justification
Informational notice about vendor empanelment that affects trading members seeking algo solutions but does not mandate actions or impact market operations