Is High-frequency algo trading allowed in India? I am new to Zerodha and just wrote an algo. Just worried about running it. Please let me know if there are any restrictions?
Hey Vishnu, HFT is allowed, but it's something you can only do on the exchange co-lo (co-location/LAN with the exchange). This is a different service altogether that the exchange offers.
Thanks Nikhil, I am an individual, I am thinking of doing automated trading with 100 to 200 orders per day with small profits or loss, does it considered as HFT? Will there be any issues(legal) doing it with kite connect API?
placing 200 orders in a day is totally legal. But if you fire more than 3 orders per second, Zerotha will block your App. Be mindful of that and be sure about your risk management and position sizing in general. Good Luck!
@rejeesh31 can you pls share the link to document/webpage capturing this rule/limitation. I would also like to go through the details and other rules [if any].
@vishnubraj i can tell u how hft works and its legal in india. if u work on 200-300 orders per day it just automate its not hft . feel free to contact i can tell u [email protected]
