Date: 28th March 2026
To all our Quantiply users,
As you may be aware, Securities and Exchange Board of India’s “Safer Participation of Retail Investors in Algorithmic Trading” regulatory framework will go live on 1st April 2026.
We would like to share an update on Quantiply’s readiness for the new framework, along with the steps we are taking to ensure full compliance.
Current Status & Key Dependencies
At present, there are two critical processes that must be completed before we can provide Algo services under the new framework. These involve coordinated efforts between Exchanges, Brokers, and Quantiply:
- Final approval and allocation of Algo IDs by the Exchanges.
- Deployment of the Quantiply platform on each Broker’s infrastructure/servers.
Dependency 1: Exchange Approval & Algo IDs
Quantiply will be able to route algo orders only after both Quantiply and its integrated Brokers receive final approvals from the Exchanges.
As part of this process:
- Unique Algo IDs will be issued to both the Broker and Quantiply.
- These Algo IDs must be included with every order placed.
- Any order placed without an Algo ID will be considered a regulatory violation.
The approval process has already been initiated by Quantiply and it's Broker partners and is being submitted to the Exchanges for final clearance.
Dependency 2: Deployment on Broker Infrastructure
Under the new framework, Quantiply is required to operate entirely from the Broker’s infrastructure.
This means:
- Quantiply's complete platform and all it's services, must be deployed within each Broker’s environment.
- This deployment must meet strict compliance, security, and operational requirements.
This is the most complex and time-intensive part of the transition and is currently underway with our Broker partners.
⚠️ Any order placed through Quantiply from its own infrastructure after 1st April 2026 — with or without static IPs or any other workaround — will be treated as a violation of the framework.
Consequences of Framework Violations & Non-Compliance
Non-compliance can result in serious consequences, including:
- Loss of Provisional Empanelment status.
- Denial of Full Empanelment by Exchanges.
- Rejection of approvals and Algo IDs.
- Blacklisting for unauthorized trading activity and unauthorised orders.
- Suspension of API connectivity by Exchanges and Brokers.
- Suspension of Algo Ids by Exchanges.
- Significant penalties and fines.
Our Approach
Keeping the long-term interests of our users and the platform in mind, we have decided to take a fully compliant and risk-averse approach.
Accordingly, we will be temporarily pausing all Quantiply algo services across all Brokers, including those where:
- Deployments are currently in progress.
- Final Exchange approvals are pending.
This means:
- You will not be able to trade using Quantiply for a short period after 31st March 2026.
- Services will resume broker-by-broker once both dependencies are completed.
Extensions & Exemptions
If there is any last minute Extension from SEBI or any Exemptions from the Exchanges with respect to continued trading activities beyond 31st March 2026, then our Platform will be fully operational, and necessary announcements and updates will be shared with all our users.
Expected Timelines for resumption of Services:
We will go live with each broker individually, once:
- Exchange approvals and Algo IDs are received.
- Deployment on broker infrastructure is completed.
Estimated timelines:
- Some brokers: a few days.
- Others: 1–2 weeks.
- Expected maximum: 15–20 days.
- Worst-case scenario: up to 30 days (in case of unknown variables or unforeseen delays).
Required Action from Users
We request all users to take the following actions:
- Square off all algos and positions (Intraday, STBT/BTST, Positional) by 3:24 PM on Monday, 30th March 2026.
- You may:
- Use “Square Off All Positions and Terminate Algo” buttons, or
- Use “Terminate Algo” button if you wish to manage positions manually thereafter.
- At 3:25 PM on Monday, 30th March 2026, we will initiate:
- Auto square-off and termination of all running algos
⚠️ After 3:25 PM, please verify your Broker terminals and manually close any open positions that may not have squared off/rejected or in error, if required.
Upcoming Updates
- Users will be notified 1–2 days in advance before we go Live with any Broker.
- Each update will include:
- Setup instructions
- Configuration changes
- Broker-specific requirements
We will also communicate platform-wide updates and changes made, in line with SEBI and Exchange circulars.
Customer Support During This Period
Our Customer Support team will remain fully available to assist you with any queries during this transition.
Note from our Founder
We understand that this transition will feel disruptive in the short-term, and may differ from the approach taken by other platforms and vendors.
However, this is a temporary and a necessary step to ensure:
- Full regulatory compliance.
- Continued, uninterrupted service for our users in the future.
- Long-term platform and business sustainability.
This is the first time the industry is being formally regulated, and we believe it is critical to align fully with the new framework from the outset.
We trust that our users will understand our vantage point and give us the benefit of the doubt, with their patience, trust, and continued support.