All brokers using OmneNEST and Symphony for their OMS systems would be affected. This is a large proportion of retail brokers.
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8+ months weren’t enough for it, must be some major change behind the scenes. Will Zerodha share a post on zerodha.tech about the challenges faced and how the tech team tackled them?
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These are changes to our vendor’s systems, not ours. So there wouldn’t be anything to write about.
While the SEBI circular came out in Feb, that just prescribed the broad framework. The operational modalities were only published by the exchanges in July. Hence the delay.
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Don’t you think it’s time to change the vendor? A small, newly launched broker implemented the static IP whitelisting feature before 1 Aug 2025, but Zerodha’s vendor/sister company has still not implemented it—simply because they think they are the boss and can manipulate rules for their own benefit.
Such a shameless response from a so-called tech-savvy broker like Zerodha.
Like I said, the bottle-neck isn’t in collecting a static IP, it is changes to the order path that need to be made. And these changes weren’t made known to us until late July. There are only a handful of OMS vendors in the country, and we work with the best available.
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Zerodha has consistently been an industry leader, and the recent API charge reduction reflects your commitment to user satisfaction which is commendable.
At the same time, I’ve noticed competitors making bold moves: Dhan’s marketplace launch and Fyers’ FIA AI integration represent the kind of forward-thinking innovation that’s capturing market attention.
I’m confident Zerodha has the vision and capability to deliver breakthrough features. As a supporter of your platform, I’m eager to see what innovative solutions you’re developing to stay ahead of the curve.
Your past achievements show what’s possible excited to see that same innovation drive the future!
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@nithin
Tomorrow is the deadline for static IP registration as per the circulars, yet there has been no concrete communication to API users regarding any temporary arrangements to continue placing orders. Mere expectation that the timeline will be extended from your team responses. however, expecting guidance at the last minute is not ideal and may disrupt trading operations for API users. This lack of prior notice is concerning. Kindly provide guidance or a makeshift solution to ensure that API orders can continue smoothly until the registration process is completed.
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There really was no way for us to inform you about an extension because it hasn’t been officially announced by the exchanges yet. I do admit it is frustrating to not have any updates, our plight is similar. Like I’ve said above, we’re expecting an extension to be formally announced soon.
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- Please do confirm before market opens tomorrow on whats happening to api orders on Z.
- If there is no extension, please don’t disable all api, just the ordering ones. Hopefully no need for this.
Timelines extended by SEBI.
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I’ve read the circular. Could you please provide a brief summary? I’m finding some parts hard to understand.
- By when is Zerodha required to implement a static IP?
- By when is Zerodha required to implement the 10 OPS limit?
- By when must Zerodha register retail algorithms or share a plan to register them, so that we can bypass the 10 OPS limit?
Ideally, points 2 and 3 should move forward together.
So yeah, the extension was published a little earlier. Basically, we now have time until March 21, 2026 to enforce IP whitelisting, strategy registration, and the 10 OPS limit. However, we will only be able to avail this extended deadline if we achieve the 3 milestones prescribed in the circular.
We’ll submit Kite Connect for approval by the end of October and participate in a mock by Jan 3rd. The November deadline for receiving approval for the product will be for the exchanges, provided all the documentation is submitted correctly.
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CHATGPT Summary
Here’s a summary of the SEBI circular dated September 30, 2025 on “Safer participation of retail investors in Algorithmic trading”:
Background
- SEBI issued an earlier circular on Feb 04, 2025, requiring implementation from Aug 01, 2025.
- Timeline was extended to Oct 01, 2025 (via July 29, 2025 circular).
- Exchanges issued detailed operational modalities on July 22, 2025, and later clarifications/modifications in September 2025.
- Brokers sought more time to implement changes.
New Implementation Plan
- Stock brokers ready with systems → must go live from Oct 01, 2025.
- Others get a glide path with milestones:
- By Oct 31, 2025 → At least one retail algo product (via API, in-house or vendor) and one strategy must be applied for registration with exchange.
- By Nov 30, 2025 → Registration of retail algo products (via API) and few strategies with exchanges must be completed.
- By Jan 03, 2026 → Broker must participate in at least one mock session (full functionality). Evidence of participation to be given to exchange. If not done, exchanges will be informed.
Consequences
- From Jan 05, 2026 → Brokers failing to meet milestones will be barred from onboarding new retail clients for API-based algo trading.
- From Apr 01, 2026 → Full algo framework (Feb 04 circular + operational modalities) becomes applicable to all brokers.
Compliance & Monitoring
- Exchanges will monitor brokers’ adherence.
- Brokers not live on Oct 01, 2025 must report number of existing clients (as on Sep 30, 2025) to exchanges.
- Exchanges to amend bye-laws/rules, notify members, and ensure compliance.
In short: SEBI has extended and phased the implementation of the retail algo trading framework, with hard deadlines (Oct 31, Nov 30, Jan 03) before final enforcement on Apr 01, 2026. Non-compliant brokers can’t onboard new retail algo clients after Jan 05, 2026.
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@Matti @nithin_kumrr if my order per second is 10 or below then also do i need to register my strategy with broker or not ?..asking because of these lines ( 1. By Oct 31, 2025 → At least one retail algo product (via API, in-house or vendor) and one strategy must be applied for registration with exchange.
2. By Nov 30, 2025 → Registration of retail algo products (via API) and few strategies with exchanges must be completed. )…and tomorrow my order will execute right ? please give answer in simple words…so everyone will understand
Not required for registration if ops is 10 or below.
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if quantity is 20000 in nifty and single order is split into 11 orders will this be considered as 1 order or 11 orders for algo limit @siva
Counted as 11 orders as it will have different exchange order numbers.
@siva so in this case strategy is needed to register with broker and exchange right ? so what are the steps ? and what needs to upload and all
