Algorithmic trading has revolutionized currency equities and bond markets globally, making them more efficient. In developed markets such as the US, it stands at approximately 70- 80% of the equity market turnover. Algorithmic trading in India has also increased up to 49.8% of total turnover from 9.26% in 2010. In March this year, 44.8% of the cash market volume and 48.2% of the equity derivatives market was driven by algo trading, as per NSE data. On the BSE, 37.22% of trade in March 2018 was driven by algo trading.