In 2012, Sebi introduced algo trading through the direct market access facility, which provided advantages such as faster order execution, reduced transaction costs, greater transparency, better audit trails and improved liquidity. However, its access was limited to institutional investors.
India in striking distance of 8% growth as reforms boost economy: Shaktikanta Das
Das said the BFSI sector has a crucial role to play in India’s journey from a lower-middle-income economy to a high-income economy, through its intermediation