As the stock market boom pulls retail investors into equities, a few of them are venturing into algorithmic trades. The rising interest of retail investors into computer program-based trades has prompted brokers to begin offering this facility to them. In the past few months, stock brokers such as 5Paisa, Zerodha, SMC Global Securities and Upstox have allowed retail investors to execute automated trades on their platforms.
“We have been receiving a lot of queries from retail investors for algorithmic trading since we recently launched the platform,” says Prakash Gagdani, chief executive officer (CEO), 5paisa. He says many of these investors either