Algo trading rules in India reading list: SEBI's framework

Yes, through a SEBI regulated broker's API under the retail algo framework of the 4 Feb 2025 circular, with algo orders tagged by an identifier and access on a static IP with two factor login.

Only above the order rate threshold, which NSE's standards set at ten orders a second per exchange to begin with. An algo offered to others must come from a provider the exchange has empanelled.

HFT depends on colocation and very low latency at the exchange; a retail algo sends orders through a broker's API, where order rate limits apply. Module 19.3 compares HFT, MFT and LFT.

Overfitting, look ahead bias, survivorship bias and missing costs all flatter a backtest. Module 19.1 and the question on biases list the checks to run before trusting one.