Description
BSE announces provisional empanelment of Simply Algo Fintech Private Limited as an Algo provider for delivering algorithmic trading solutions to trading members.
Summary
BSE has provisionally empanelled Simply Algo Fintech Private Limited as an approved vendor to provide algorithmic trading solutions to trading members of the Exchange. This empanelment is effective immediately and the updated list of Algo Providers is available on BSE’s website.
Key Points
- Simply Algo Fintech Private Limited has been provisionally empanelled as an Algo provider
- The vendor is authorized to provide algorithmic trading solutions to BSE trading members
- Vendor details: No 418, First Floor, G.V. Residency, Coimbatore, Tamil Nadu – 641038
- Contact: +91 9751597579
- Effective immediately from December 24, 2025
- Complete list of empanelled Algo Providers available at: https://www.bseindia.com/static/markets/Derivatives/DeriReports/market_information.html
Regulatory Changes
No regulatory changes introduced. This is an administrative update to the list of approved algorithmic trading solution providers.
Compliance Requirements
No new compliance requirements for trading members. Trading members seeking algorithmic trading solutions may now engage with Simply Algo Fintech Private Limited as an empanelled vendor.
Important Dates
- Effective Date: December 24, 2025 (immediate effect)
- Notice Date: December 24, 2025
Impact Assessment
Minimal market impact. This circular is informational in nature, expanding the pool of approved algorithmic trading solution providers available to trading members. Trading members utilizing or considering algorithmic trading solutions now have an additional vendor option. No changes to trading rules, procedures, or member obligations.
Impact Justification
Administrative notice about vendor empanelment. No regulatory changes or compliance actions required. Limited direct market impact - only relevant to trading members seeking algo trading solutions.