I am planning to deploy an algorithmic trading strategy that is expected to place more than 10 orders per second (OPS).
As per the latest exchange and regulatory guidelines, I understand that algorithms exceeding this threshold must be registered with the exchange and the broker, and must comply with requirements such as using a unique static IP address for order placement.
I would appreciate it if you could provide the following information:
- The complete process for registering an algorithm with the exchange through your platform.
- The documentation and information required from my end for the registration.
- Any applicable charges or fees involved in the registration process, including broker and exchange charges.
- The expected turnaround time for the registration and approval.
- The order rate limits that will apply to my account after the algorithm is registered, including the per-second rate limit for each exchange segment (e.g., NSE, NFO, BSE, MCX, CDS, etc.).
- Any additional technical or compliance requirements (such as static IP configuration, Algo ID, order tagging, or other prerequisites) that I should be aware of before going live.
Please also let me know if there is any documentation or application form that I need to complete to initiate the registration process.
I am looking forward to your guidance.