SEBI would not like anybody to make money, nor the broker
Thats why nobody wants algo even though the broker might get many buy and sell trades. Algo has been around for a couple of years with Omnesys and other companies not making much of it due to strict suppression by vested interests.
Discount brokers are scared, except for Zerodha who took the initiative to brake the jinx of brokerage collection. However algo jinx is yet to be broken.
Thats why nobody wants algo even though the broker might get many buy and sell trades. Algo has been around for a couple of years with Omnesys and other companies not making much of it due to strict suppression by vested interests.
Discount brokers are scared, except for Zerodha who took the initiative to brake the jinx of brokerage collection. However algo jinx is yet to be broken.