Extension of timeline for implementation of SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/0000013 dated February 04, 2025
Summary
SEBI extends the implementation timeline for its February 4, 2025 circular on safer retail participation in algorithmic trading from August 1, 2025, to October 1, 2025. This extension responds to representations from stock brokers and Individual Stock Brokers (ISF) participants seeking more time for compliance. Stock Exchanges are directed to notify members, establish compliance systems, and amend relevant bye-laws to facilitate this transition.
Text
circular shall come into effect from October 01, 2025
bring the provisions of this circular to the notice of their members / participants and also disseminate the same on their websites
put in place appropriate systems and procedures to ensure compliance of the provisions of this circular
make necessary amendments to the relevant Bye-laws, Rules and Regulations for the implementation of the above decision
issued in exercise of powers conferred under Section 11(1) of Chapter IV of the Securities and Exchange Board of India Act, 1992, read with Section 30 of the Securities and Exchange Board of India (Stock Brokers) Regulations,1992
Source: SecMarx — Extension of timeline for implementation of SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/0000013 dated February 04, 2025. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.