Description

NSE provisionally empanels M/s. Neutrino Trading Private Limited as Algo Provider for providing Whitebox algorithmic trading solutions to trading members.

Summary

NSE has provisionally empanelled M/s. Neutrino Trading Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members of the Exchange. The vendor is approved to provide Whitebox type algorithmic trading solutions. This empanelment is effective immediately from November 25, 2025.

Key Points

  • Vendor Name: M/s. Neutrino Trading Private Limited
  • Type of Algo: Whitebox
  • Location: 501, Paras, 4 Dattatraya Road, Santacruz West, Mumbai 400054
  • Contact: +918047189100
  • Status: Provisional Empanelment
  • Circular Reference: NSE/INVG/71470, Circular No. 529/2025
  • Issuing Department: Investigation Department

Regulatory Changes

No regulatory changes introduced. This is an administrative addition to the list of empanelled algo providers available to trading members.

Compliance Requirements

No new compliance requirements imposed on trading members. Members may voluntarily choose to engage with the newly empanelled algo provider for algorithmic trading solutions. The updated list of all empanelled Algo Providers is available on NSE website at: https://www.nseindia.com/static/trade/empanelled-algo-providers-exchange

Important Dates

  • Effective Date: November 25, 2025 (immediate effect)
  • Circular Issue Date: November 25, 2025

Impact Assessment

Market Impact: Minimal. This is an informational circular that expands the pool of approved algo providers available to trading members.

Operational Impact: Low. Trading members now have an additional option for algorithmic trading solutions. No changes required to existing systems or operations.

Member Impact: Optional. Trading members may choose to evaluate and engage with the new provider if they require Whitebox algorithmic trading solutions. Existing arrangements with other providers remain unaffected.

Contact Information: For queries, trading members can contact NSE at toll-free number 1800-266-0050 (Option 1) or email nnfreg@nse.co.in / invg@nse.co.in

Impact Justification

Administrative notification about provisional empanelment of a new algo provider. Does not affect market operations, trading rules, or existing members' obligations. Informational for trading members who may wish to use the empanelled provider's services.