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    Smart Order Routing

    BSE Limited launches Smart Order Routing (SOR) for its members.

    Securities & Exchange Board of India (SEBI) has approved and given necessary guidelines for providing Smart Order Routing (SOR). As quoted in the SEBI circular SOR allows Brokers trading engines to systematically choose the execution destination based on the factors like price, cost, speed, likelihood of execution and settlement, size, nature or any other consideration relevant to the execution of the order.

    BSE Smart Order Routing (SOR)


    SOR Membership at BSE

    • Members can avail SOR facility by applying to the exchange with the SOR application form along with the completed Vendor Certificate
    • This will be followed by a systems audit by a BSE empanelled CISA certified auditor
    • Members need to follow guidelines mentioned in the related SEBI and BSE circulars on SOR
    • Download Audit Checklist for reference


    Application Procedure

    Members are requested to fill in the Application form and send it to


    Business Operation Department
    17th Floor, P J Towers
    Dalal Street, Fort
    Mumbai 400001

    Tel:No: 022- 2272 5116/ 5873/ 5012

    For Queries and Feedback
    Trading APP
    Email:trading.app@bseindia.com

    Following are the relevant notices for availing SOR facility