Seeking Guidance on Algo Trading Platform Legal Registration

I am seeking guidance regarding the regulatory compliance of my platform, [No Product/Platform Name - Yet to decide currently it is in test phase]. It is an [automated portfolio creation/algo trading] platform, and I am looking to understand the process of registering with SEBI.

Additionally, if there are alternative routes, such as partnering with brokers or any other ways to operate legally without direct SEBI registration, I would appreciate any insights or advice on how to proceed.

I am open to compensating for your time and expertise in helping me with this process. Any guidance on this matter would be greatly appreciated.

@SekarNagaraj Hey, you can share more about your product and details at Investment and trading APIs for startups - Kite Connect trading APIs

The exchanges in India do not allow retail traders to fully automate trades. There has to be manual UI interaction to place orders/ or the orders have to be placed manually.
Also, you can refer to this Zconnect post

@nithin_kumrr and @AlgoGeek Thanks for the replies. This isn’t an individual but a company I am trying to register and get proper approvals.

As recommended by Nithin, I will share my application details at given link.

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Hi Sekar,

I hope you’re doing well.

I’m currently in the process of registering my algo company with SEBI, but I’m facing some challenges and uncertainties regarding the procedure. Since this is a critical step for the company, I want to ensure that everything is handled correctly and in compliance with SEBI regulations.

It would be really helpful if you could guide me through the entire registration process, including the necessary documentation, eligibility criteria, and any key considerations or best practices to keep in mind. Additionally, if you have any insights on common pitfalls or tips to expedite the process, I’d greatly appreciate it.

Looking forward to your valuable guidance.
Thank you!

@Algorithm Hi, the best way forward would be to email us at [email protected] with a brief about your company, product, etc. We’ll take a look and guide you accordingly or provide the right resources or contacts.