Why Cirrus Trade has Paused all the Services

Why Cirrus Trade has Paused all the Services
Why Cirrus Trade has Paused all the Services

Why Cirrus Trade has Paused all the Services

We know many of you might have the same question — what happened and why this sudden pause.

Here is the complete clarification.

To all our Cirrus Trade users,

As you may be aware, the Securities and Exchange Board of India’s “Safer Participation of Retail Investors in Algorithmic Trading” regulatory framework went live from 1st April 2026.

We would like to share an update on Cirrus Trade’s readiness under this framework, along with the steps being taken to ensure full compliance.


Current Status & Key Dependencies

At present, there are two critical processes that must be completed before we can resume Algo services under the new framework. These involve coordinated efforts between Exchanges, Brokers, and Cirrus Trade:

• Final approval and allocation of Algo IDs by the Exchanges
• Deployment of the Cirrus Trade platform on each Broker’s infrastructure/servers


Dependency 1: Exchange Approval & Algo IDs

Cirrus Trade will be able to route algo orders only after both Cirrus Trade and its integrated Brokers receive final approvals from the Exchanges.

As part of this process:

• Unique Algo IDs will be issued to both the Broker and Cirrus Trade
• These Algo IDs must be included with every order placed
• Any order placed without an Algo ID will be considered a regulatory violation

The approval process has already been initiated by Cirrus Trade and its Broker partners and is currently under submission for final clearance.


Dependency 2: Deployment on Broker Infrastructure

Under the new framework, Cirrus Trade is required to operate entirely from the Broker’s infrastructure.

This means:

• Cirrus Trade’s complete platform and all services must be deployed within each Broker’s environment
• This deployment must meet strict compliance, security, and operational requirements

This is the most complex and time-intensive part of the transition and is currently underway with broker partners.

⚠ Warning: Any order placed through Cirrus Trade from its own infrastructure after 1st April 2026 — with or without static IPs or any workaround — will be treated as a violation of the framework.


Consequences of Framework Violations & Non-Compliance

Non-compliance may result in:

• Loss of Provisional Empanelment status
• Denial of Full Empanelment by Exchanges
• Rejection of approvals and Algo IDs by Exchanges
• Blacklisting for unauthorized trading activity and orders
• Suspension of API connectivity by Exchanges and Brokers
• Suspension of Algo IDs by Exchanges
• Significant penalties and fines


Our Approach

Keeping long-term user interests and platform stability in mind, a fully compliant and risk-averse approach has been adopted.

Accordingly, all Cirrus Trade algo services across brokers are temporarily paused, including cases where:

• Deployments are currently in progress
• Final Exchange approvals are pending

This means:

• Algo trading via Cirrus Trade will not be available for a short period from 1st April 2026
• Services will resume broker-by-broker once both dependencies are completed


Expected Timelines for Resumption

Services will go live broker-by-broker once:

• Exchange approvals and Algo IDs are received
• Deployment on broker infrastructure is completed

Estimated timelines:

• Some brokers: a few days
• Others: 1–2 weeks
• Expected minimum: 15–20 days
• Worst-case scenario: up to 30 days


Required Action from Users

Suggested action:

Users are requested to contact their respective broker’s support team via email, requesting them to onboard and integrate Cirrus Trade infrastructure at the earliest.

Template:

Subject: Request to Onboard Cirrus Trade on Broker Infrastructure

Dear [Broker Name] Support Team,

I am an existing user of Cirrus Trade, an SEBI-compliant algo trading platform. Under SEBI’s new Algorithmic Trading framework effective 1st April 2026, algo platforms are required to operate from broker infrastructure.

I request you to prioritize onboarding and deployment of Cirrus Trade onto your infrastructure so I can continue using their services without disruption. I understand the integration process has already been initiated from Cirrus Trade’s end.

Kindly expedite the required approvals and technical setup.

Thank you
[Your Name]
[Your Client ID]


Upcoming Updates

• Users will be notified 1–2 days in advance before going live with any broker
• Each update will include:
◦ Setup instructions
◦ Configuration changes
◦ Broker-specific requirements
• Platform-wide updates will also be communicated in line with SEBI and Exchange circulars


Customer Support During This Period

The Customer Support team will remain fully available to assist with all queries during this transition.


Note from our Founder

This transition may feel disruptive in the short term and may differ from approaches taken by other platforms.

However, this is a necessary step to ensure:

• Full regulatory compliance
• Continued and uninterrupted service in the future
• Long-term platform sustainability

This is the first formal regulation of the industry, and full alignment from the outset is critical.

User trust, patience, and continued support are acknowledged and appreciated.

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