Hello,
I has few questions related to Automated Trading in NSE
1) Is Retail Trader allowed for Automated Trading (I think answer is no)

2) Should we need to disclose our Trading Strategy to NSE

Now the question that is confusing lots of people.
If automated trading is not allowed at Retail level than how come Interactive Broker is able to help indian clients to Automate our trades.

Currently the broker has to procure the API from NSE and once his in house application is ready he needs to get approval from NSE. So in the case of interactive broker why it is not recquried. Is there is any legal loop that we are missing out which interactive broker is using.

Please provide your inputs