Published research · SSRN · 2026
An Architectural Gap in SEBI's 2026 Framework and Its General Form
SEBI's algorithmic trading framework closes the order chain but not the signal chain: a fully compliant order reaches the broker while what caused it remains invisible. This paper evidences that gap from primary regulatory sources across India, the EU, and the UAE, demonstrates that origin capture is feasible in production, and states the finding in general form for any framework that anchors accountability at an intermediary while the conduct of interest occurs upstream.
Published 14 July 2026·SSRN ID 7118421·Provisional patent filed 5 July 2026 — Application No. IN202621086466
Indian market infrastructure · founded by Lokesh Gupta
AION Analytics builds India-native market-intelligence and execution-integrity infrastructure — measured, published together with its failures, and built so people stay informed, never instructed.
The mission is narrow and it is the whole point: keep people from being harvested — in markets, and in their data.
Indian Market Intelligence · flagship
Veritas · opening-range model
What we build
Each is real and in use. None of them tells anyone what to do.
Macro-event and sector-impact analysis for Indian financial markets — structured, explainable output covering how policy, economic, weather, and geopolitical events move Indian market sectors: event, sector impact, stakeholder impact, confidence, and evidence, as JSON. Try the API →
Pre-open probability bands for NIFTY 50, NIFTY BANK and SENSEX — a range to position around, never a call to act. Published daily with its own scorecard, including the misses.
A device-resident layer that records the full chain of custody from a trading signal through to order execution. The capture method is the subject of a filed patent application and remains deliberately undocumented.
NSE, MCX, BSE, and CDS session and holiday validation for Indian exchange segments — market-times agnostic. Covers equity, derivatives, currency, commodity, and Muhurat sessions. View on PyPI →
The argument underneath
Financial power no longer guarantees industrial or resource control. The world is rebalancing unevenly — and that is precisely why a country needs market infrastructure it owns, rather than rents.
The Enki Protocol
Enki was the protector. The protocol that carries his name is the standard every model here is held to.
Privacy is an entitlement, not a setting.
Indian Market Intelligence turns any policy, economic, weather, or geopolitical event into structured, explainable sector impact. Try the API — or explore Veritas and the rest of the stack.