The Bombay Stock Exchange (BSE) has reported that computer-based trading in India’s $1.5 trillion stock market may get doubled to half of all orders within three years, Bloomberg reports. The move comes as demand for speedier execution has increased. As per Goldman Sachs, Credit Suisse and Nomura, India is suited for growth in algorithmic trading due to a mix of tight buy and sell spreads and a large volume of smaller orders. Currently, automated programs carry out nearly 25% of Indian orders, while about 60% of U.S. stock trades daily come from firms that rely on fast-paced executions.

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