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Comment on ION secures India’s BSE approval for algo trading… by 1win
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ION secures India’s BSE approval for algo trading solutionsION has been registered as an Independent Software Vendor (ISV) for algorithmic trading on the Bombay Stock Exchange (BSE).
This registration allows exchange members to leverage ION’s Fidessa trading platform for advanced algorithmic trading on BSE, further integrating cutting-edge technology into one of the world’s fastest-growing markets.
Algorithmic trading accounts for more than 55% of all trades on BSEThe approval builds on ION’s prior recognition as an equities trading vendor on BSE in June 2023.
This latest milestone underscores the company’s expanding role in supporting India’s rapidly evolving capital markets, where algorithmic trading now accounts for more than 55% of all trades.
The integration of ION’s Fidessa technology aligns with the exchange’s efforts to modernize trading infrastructure and accommodate the increasing reliance on algorithmic trading.