The Multi-Commodity Exchange of India Ltd. (MCX) on November 21, 2025, issued a reminder – Timeline for implementation of “Safer participation of retail investors in Algorithmic trading.
The following has been stated namely: -
• The exchange reminds brokers of the implementation timeline for the Securities and Exchange Board of India (SEBI) framework on “Safer participation of retail investors in algorithmic trading”, referencing circulars from February and earlier in 2025.
• Two key milestones are specified: complete registration of retail-algo products by November 30, 2025, and participate in at least one mock session by January 03, 2026, with evidence of participation.
• Brokers failing to meet these milestones will be barred from onboarding new retail clients for API-based algo trading from January 05, 2026; full applicability of the framework for all brokers begins from April 01, 2026.
[Notification no. - MCX/CTCL/602/2025]
