Since 2008, under the surveillance of trading bodies like SEBI, automated trading has been operational in India. Since then, the number of firms using algorithmic trading has been on the rise. In developed markets like the US, 70-80% of trading owes to algorithmic trading. This opens paths for a bright career in algorithmic trading in Asian countries where the market tends to be much more exciting as the concept is relatively new compared to developed markets. Here are some little-known facts about algorithmic trading : Prerequisites before you start algorithmic trading Various stock exchanges have different prerequisites before you can get an approval to start algorithmic trading. One can choose to be a trading member and directly trade through the exchange by fulfilling the stated criteria. The members of the exchange(s) apply for approval directly while the non-members apply through brokers. Anyone eyeing a change in algorithms must have the exchange’s approval before imple