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[smartmoneyacademy]

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[algobuddies]

In 2008, SEBI permitted automated trading in India. Since then, the number of firms using algorithmic trading has been on the rise, with current estimates putting the figure at 50% of the total volume.

This figure is still low when compared to developed markets such as the US where the trading volume is more than that in India, 70-80% of trades are done through algorithmic trading. 

This makes a career in algorithmic trading in India all the more exciting, where the concept is still relatively new as compared to the developed markets.

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