Mumbai, April 1 -- The Securities and Exchange Board of India (SEBI) on Tuesday said that it has extended the deadline for implementing new regulations governing retail investors' entry into algorithmic (algo) trading. The new rules, which were initially set to take effect on April 1, will now come into force on August 1. This extension follows requests from stock exchanges, who asked for more time to fully implement the new standards in consultation with the Brokers' Industry Standards Forum (ISF).

The SEBI had first introduced these guidelines on February 4, aiming to regulate how retail investors can access and use algo trading. Under the new rules, there will be a three-party relationship involving stock exchanges, brokers, and algo ...