Description
BSE has provisionally empanelled Multiicon Ideotechnology Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members.
Summary
BSE has provisionally empanelled Multiicon Ideotechnology Private Limited as an Algo Provider to provide algorithmic trading solutions to trading members of the Exchange. The empanelment is effective immediately, and the complete list of Algo Providers is available on BSE’s website.
Key Points
- Multiicon Ideotechnology Private Limited has been provisionally empanelled as an Algo Provider
- The company is authorized to provide algorithmic trading solutions to BSE trading members
- Office located at Rumi Plaza, Rajkot, Gujarat – 360005
- Contact number: +91 9909941828
- Circular effective immediately from December 23, 2025
Regulatory Changes
No regulatory changes introduced. This is an informational notice regarding vendor empanelment.
Compliance Requirements
No new compliance requirements for trading members. Trading members may choose to engage with the newly empanelled Algo Provider for algorithmic trading solutions if needed.
Important Dates
- Effective Date: December 23, 2025 (immediate effect)
Impact Assessment
Minimal market impact. This notice expands the options available to trading members seeking algorithmic trading solutions by adding Multiicon Ideotechnology Private Limited to the list of approved vendors. Trading members can reference the complete list of Algo Providers at: https://www.bseindia.com/static/markets/Derivatives/DeriReports/market_information.html
Impact Justification
Informational notice about provisional empanelment of one algo provider. No regulatory changes or compliance obligations for trading members. Limited direct market impact.