The National Stock Exchange (NSE) of India has released a asking all trading members to submit details about artificial intelligence (AI) and machine learning (ML) applications and systems offered or used by market intermediaries. The data needs to include all relevant details till 31 March 2026.
Submissions are mandatory for active trading members, including reporting nil details where a member was not using any AI and/or ML system.
Reports must be submitted via the electronic NSE interface for trading members by 15 April 2026. Non-submission will be considered as non-compliance and must be taken. This compliance, which is common at all stock exchanges, will be shared by the NSE with the other exchanges as outlined in a .
In 2019, the Securities and Exchange Board of India made it mandatory for all stock brokers and depository participants offering or using AI and/or ML applications or systems to to their respective stock exchanges and depositories. Submission frequency was then in 2023, from a quarterly basis, to a half yearly and annual basis for different types of trading members.
Regulatory authorities can use the reports to create a landscape on the use of AI and ML in the financial market of the country and gain an in-depth understanding of its adoption.
