SEBI - ISSUES CIRCULAR ON SAFER PARTICIPATION OF RETAIL INVESTORS IN ALGORITHMIC TRADING || SEBI: BROKERS SHALL BE PRINCIPAL WHILE ANY ALGO PROVIDER SHALL ACT AS ITS AGENT, WHILE USING API PROVIDED BY BROKER SEBI: ALGO TRADING FACILITY SHALL BE PROVIDED BY BROKER ONLY AFTER OBTAINING REQUISITE PERMISSION OF STOCK EXCHANGE FOR EACH ALGO SEBI: ALGO ORDERS FLOWING THROUGH API EXTENDED BY BROKERS TO ALGO PROVIDERS TO BE TAGGED WITH UNIQUE IDENTIFIER PROVIDED BY EXCHANGE || SEBI: ANY ALGO PROVIDER SHALL REQUIRE TO BE EMPANELED WITH EXCHANGES IN A MANNER STIPULATED BY EXCHANGES