Archive · 17 Sep 2025
SEBI Extends Deadline for Algo Platform Settlement
SEBI, the market regulator, is giving stock brokers more time to settle cases related to unregulated algo trading platforms.
The initial deadline for the settlement scheme was in September.
However, due to many brokers wanting to participate, the deadline has been extended to October 16, 2025.
This scheme allows brokers to resolve pending cases quickly.
If brokers choose not to participate, they will still face legal action.
SEBI extended the deadline for a settlement scheme for stock brokers.
The scheme involves brokers associated with unregulated algo trading platforms.
The original deadline was September 16, 2025.
The new deadline is now October 16, 2025.
The extension was prompted by broker interest in the scheme.
- Who
- SEBI, stock brokers
- What
- Extended the deadline for a settlement scheme
- When
- Tuesday (date not specified)
- Where
- New Delhi
- Why
- Due to interest from brokers
- Regulator
- SEBI
- Original Deadline
- September 16, 2025
- Extended Deadline
- October 16, 2025
- Purpose of Scheme
- Settlement for brokers with unregulated algo platforms
- Reason for Extension
- Interest from brokers
