Comment on The rise of Algo trading platforms & everything you need to know
commented on
10 Dec 2021, 10:43 AM
I am a Data Scientist, and I have found some ways to make the markets more efficient and make some profit in the way. I use Kite API to place orders. Since my strategy is latency-sensitive, using API helps a lot.
If SEBI bans the Kite API order placement feature, it will be a big blow to retailers like me. I find it unfair that SEBI allows Institutions to place orders in microseconds in the exchange co-lo, and thinking to stop retailers to place orders from broker API in 200+ milliseconds.