Comment on Basics on Options Shorting/Writing

Pankaj commented on 11 Jan 2014, 12:12 PM

Nitin,
On the last line(algo for retail), there were a couple of SEBI circulars which wanted brokers to demonstrate appropriate risk management processes before offering algo access to their customers. Two questions:
1. Is there some SEBI circular that prohibits retail from using algos?
2. Is there also a SEBI circular under which exchanges derive power to validate algos?

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