SEBI ban on sharing live feeds for virtual/paper trading

Suhel_Khan · January 19, 2025, 6:20pm

I am creating an algo trading & execution platform for traders. Traders can execute live as well as paper trading for forward testing.

This tool will be installed to user’s local machine and connected to broker’s api for trade execution and realtime feeds.

Does SEBI bans also affects such type application?
Can I allow user who are purchasing the software to do forward test/paper trades with live data?

I understand the reason SEBI banning live feeds with Fantasy Games/Reward system, but paper trading has legitimate use case as well…

Could someone please help with the above query?

thisisbanerjee · January 19, 2025, 6:43pm

Dude, literally everything is banned in India. No point in thinking. If it ain’t conventional, it will be banned.

entice · January 20, 2025, 5:25am

No wonder we are ruled by thugs and illiterates.