Brokers Likely To Settle With SEBI Over Alleged Ties To Algo Trading Platform

Brokerages will likely settle with the Securities and Exchange Board of India over the industrywide notice sent for association with Tradetron, an algo trading platform, sources familiar with the matter told NDTV Profit. This is being done to avoid the lengthy adjudication process to save time and resources.However, formal settlement requests still need to be submitted to the regulator.The development follows a notice issued by SEBI ...