Description
NSE provisionally empanels M/s. Modern Algos Private Limited as an Algo Provider for offering whitebox and blackbox algorithmic trading solutions to trading members.
Summary
NSE has provisionally empaneled M/s. Modern Algos Private Limited as an Algo Provider to offer algorithmic trading solutions to trading members of the Exchange. The vendor is authorized to provide both whitebox and blackbox algorithmic trading solutions. This circular is effective immediately from January 19, 2026.
Key Points
- M/s. Modern Algos Private Limited has been provisionally empaneled with NSE
- The vendor offers both whitebox and blackbox algorithmic trading solutions
- Located at H.No.6-3-1192/1/1, Office No.212, Whitehouse, Block II, Begumpet Hyderabad, Telangana - 500016
- Contact number: +919885078922
- Circular is effective immediately
- Complete list of empaneled algo providers available on NSE website
Regulatory Changes
No regulatory changes. This is an addition to the existing list of empaneled algo providers on the Exchange.
Compliance Requirements
No new compliance requirements. Trading members may choose to utilize algorithmic trading solutions from this provisionally empaneled vendor if they wish.
Important Dates
- Effective Date: January 19, 2026 (immediate effect)
Impact Assessment
Minimal market impact. This circular merely expands the choice of algo providers available to trading members. Trading members seeking algorithmic trading solutions now have an additional vendor option. The provisional empanelment status indicates the vendor is in an initial approval phase. For queries, members can contact NSE at nnfreg@nse.co.in or invg@nse.co.in, or call toll-free at 1800-266-0050 (Option 1).
Impact Justification
Administrative circular announcing provisional empanelment of a new algo provider. Does not affect existing market operations or impose new compliance requirements on trading members.