Why sebi is mostly against retailers using algo in trading

[nithin]

Query on future of APIs for traders

So, as per my understanding. Open APIs for savvy traders should be possible. But yeah, through static IPs to validate. I think we should be able to continue offering Kite connect APIs. So people who rely on others for Algos, that is a little grey. They expect the brokers to validate a strategy through which an order is placed, and that strategy has to be registered at the broker’s end. So essentially, the Algo has to be run on the broker’s system; I don’t know if this is possible.