Sebi changes the Order-to-Trade Ratio framework for algorithmic trading. Key changes explained

Markets regulator Securities and Exchange Board of India (Sebi) has announced changes in the Order-to-Trade Ratio (OTR) framework with respect to algorithmic orders placed by Trading Members (TMs). These changes, which will come into effect from April 6, 2026, aim to refine the economic disincentives for high OTR by introducing specific exemptions for certain contracts […]