Description
BSE announces provisional empanelment of Simply Algo Fintech Private Limited as an Algo provider for offering algorithmic trading solutions to trading members.
Summary
BSE has provisionally empanelled Simply Algo Fintech Private Limited as an Algo provider to offer algorithmic trading solutions to trading members of the Exchange. This empanelment is effective immediately and the updated list of Algo Providers is available on the BSE website.
Key Points
- Simply Algo Fintech Private Limited has been provisionally empanelled as an Algo provider
- The company is authorized to provide algorithmic trading solutions to BSE trading members
- Contact: +91 9751597579
- Office located at: No 418, First Floor, G.V. Residency, Coimbatore, Tamil Nadu – 641038
- Circular effective immediately from December 24, 2025
Regulatory Changes
No regulatory changes. This is an administrative notification regarding vendor empanelment.
Compliance Requirements
No new compliance requirements for trading members. This circular is informational in nature, notifying members of an additional approved vendor option for algorithmic trading solutions.
Important Dates
- Notice Date: December 24, 2025
- Effective Date: Immediate effect from December 24, 2025
Impact Assessment
Minimal market impact. This circular expands the list of approved algorithmic trading solution providers available to trading members. Members seeking to implement or enhance algorithmic trading capabilities now have an additional vendor option. The provisional empanelment status indicates the vendor meets BSE’s initial requirements for providing such services. The complete updated list of all empanelled Algo Providers is maintained on BSE’s website under the Derivatives section for member reference.
Impact Justification
Administrative circular announcing vendor empanelment with no direct market impact or regulatory changes affecting trading members' operations