Even as a probe continues into alleged misuse of co-location facility and algo trading, markets regulator Sebi has received suggestion from its US counterpart - Securities and Exchange Commission (SEC).
The Securities and Exchange Board of India (Sebi) is also looking to strengthen its regulation for co-location facility and algo trading.
"A telephonic conference call was arranged between US-SEC and Sebi officials where the SEC officials provided valuable perspectives on algorithmic trading, co-location and high frequency trading to Sebi," according to Sebi's annual report for 2016-17.
