Description
NSE provisionally empanels M/s. Oraph Private Limited as an Algo Provider to offer White Box algorithmic trading solutions to exchange trading members.
Summary
National Stock Exchange of India Limited has provisionally empanelled M/s. Oraph Private Limited as an Algo Provider authorized to provide algorithmic trading solutions to trading members of the exchange. The vendor offers White Box algorithmic trading solutions. This circular is effective immediately from December 16, 2025.
Key Points
- M/s. Oraph Private Limited has been provisionally empanelled as an Algo Provider
- Provider offers White Box type algorithmic trading solutions
- Services available to NSE trading members
- Office located at D-393, Third Floor, Defence Colony, South Delhi-110024
- Contact: +91 9810992306
- Circular effective immediately
- Updated list of empanelled Algo Providers available on NSE website
Regulatory Changes
No regulatory changes introduced. This is an administrative update expanding the list of provisionally empanelled algorithmic trading solution providers available to trading members.
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 as per existing regulations governing algorithmic trading on NSE.
Important Dates
- Effective Date: December 16, 2025 (immediate effect)
- Circular Date: December 16, 2025
- Circular Reference: NSE/INVG/71820, Circular No. 535/2025
Impact Assessment
Market Impact: Minimal. This is an administrative circular that expands trading members’ options for algorithmic trading solution providers.
Operational Impact: Low. Trading members seeking algorithmic trading solutions now have an additional provisionally empanelled vendor option. No mandatory changes required for existing trading operations.
Member Impact: Optional benefit for trading members who may choose to evaluate and engage with the newly empanelled provider for their algorithmic trading needs.
The complete list of empanelled Algo Providers is maintained at: https://www.nseindia.com/static/trade/empanelled-algo-providers-exchange
Impact Justification
Routine administrative circular announcing provisional empanelment of a single algo provider. Limited direct market impact - affects only trading members choosing to use this vendor's services.