Description
NSE has provisionally empaneled M/s Quick Algoplus Private Limited as an Algo Provider for providing Whitebox algorithmic trading solutions to trading members of the Exchange.
Summary
The National Stock Exchange of India Limited has provisionally empaneled M/s Quick Algoplus Private Limited as an Algo Provider to provide algorithmic trading solutions to trading members of the Exchange. This empanelment is effective immediately and the provider will offer Whitebox type algorithmic solutions.
Key Points
- Vendor Name: M/s Quick Algoplus Private Limited
- Type of Algo: Whitebox
- Address: TT Nagar, Pipliya kumar, Nipaniya, Indore- 452010
- Contact: Phone: +918357000107
- Empanelment is on provisional basis
- Complete list of empaneled Algo Providers available on NSE website
Regulatory Changes
No regulatory changes introduced. This is an administrative notification regarding empanelment of a new algo provider.
Compliance Requirements
Trading members seeking to use algorithmic trading solutions may engage with the provisionally empaneled vendor. No mandatory compliance requirements imposed by this circular.
Important Dates
- Effective Date: February 05, 2026 (immediate effect)
Impact Assessment
This circular has minimal market impact. It expands the choice of algo providers available to trading members but does not mandate any changes to existing trading operations. Trading members interested in whitebox algorithmic solutions now have an additional empaneled vendor option. The provisional nature of the empanelment suggests the vendor is in an evaluation period.
Contact Information
- Toll Free: 1800-266-0050 (Option 1)
- Email: nnfreg@nse.co.in, invg@nse.co.in
- Reference: NSE/INVG/72657, Circular No. 009/2026
Impact Justification
Administrative circular announcing provisional empanelment of a new algo provider. Does not affect trading rules, margins, or market operations. Relevant only to trading members seeking algo solutions.