Now, as a market boom is pulling retail investors into equities, one class among them is venturing into areas like algo trading. However, it met with resistance from algo trading users who said it would impact liquidity and increase cost of trading. While companies such as 5Paisa and Master Trust allow clients to use their own algo trading strategies, other brokerages allow retail clients to select from the algo trading schemes that are pre-programmed by the brokerage itself. As of now we have around 25 customers on our retail algo trading platform who put together generate around Rs15-20 crore turnover. In Japan and the US, retail investors have already started algo trading long back.

Source: Mint November 16, 2017 22:07 UTC