---
title: "Strategy Implementation and Execution | Path 10 | RupeeCase"
description: "Execution for systematic investors in India: order mechanics, the full cost stack, broker APIs and SEBI algo rules, paper to live trading, and scaling."
source_url: "https://www.rupeecase.com/learn/path-10/"
---

[RupeeCase Learn](/learn/)/Path 10/Advanced

# Strategy Implementation and Execution

    From how orders work on the NSE to SEBI's algo trading rules, everything you need to move a systematic strategy from backtest to live execution in India.

* **6**modules
* **60 min**of reading
* **30**question path test
* **Free**with a certificate

    [Start at 10.1](/learn/path-10/module-10-1-how-orders-actually-work-market-microstructure-india)See the stops

      01The line

## 6 stops, in order.

      What happens between the signal and the fill. Microstructure, slippage, algo execution in India, live monitoring, paper to real money, and how to scale without breaking the strategy.

      **0**of 6 done on this device

1. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

2. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

3. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

4. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

5. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

6. [10.6Scaling: When Your Strategy Meets CapacityCapacity with real NSE volumes, participation rates, block deals since October 2025, when not to scale9 min, path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity)

    02Outcomes

## What you will be able to do.

* *01*Understand NSE order book mechanics, tick sizes, and impact cost
* *02*Calculate the complete Indian trading cost stack
* *03*Navigate SEBI algo trading regulations and API execution
* *04*Master the paper-to-live transition and portfolio rebalancing

    03Certificate

## Pass the path test.
Keep the proof.

    Complete the 6 module quizzes, then take the 30 question path test at the end of Module 10.6. Pass to earn your certificate as a PNG with your name on it.

1. **3**Get the certificateYour name, the path, the date, an ID and a QR code to verify it; PNG or PDF
2. **3**Get the certificateYour name, the path, the date, an ID and a QR code to verify it; PNG or PDF
3. **3**Get the certificateYour name, the path, the date, an ID and a QR code to verify it; PNG or PDF

    [Jump to the path test](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity#pathTestSection)[About the certificates](/learn/certificates)

    04Questions

## About Path 10.

    How do I move a rules based portfolio from backtest to live trading?Path 10 covers the steps in order: how orders work in Indian markets, the full cost stack, broker APIs and SEBI algo rules, paper trading to live, monitoring and rebalancing, and scaling.

What does trading cost in India?Module 10.2 covers the complete Indian cost stack at October 2026 rates: STT, including the April 2026 rise on futures and options, exchange and SEBI fees, stamp duty, depository charges, brokerage and GST, plus slippage. Module 10.1 covers tick sizes, lot sizes and impact cost.

Where do I learn about SEBI algo rules and broker APIs?Module 10.3 covers broker APIs and SEBI's February 2025 retail algo framework, which became the only framework on 1 April 2026: static IP, daily two factor login, algo tagging and the 10 orders per second threshold, plus the risk controls every script needs.

    Explore next

## Where to go next.

* [CalculatorTrade cost calculatorFree, with the formula and a worked example](/learn/tools/trade-cost-calculator)
* [CalculatorFee drag over 20 yearsFree, with the formula and a worked example](/learn/tools/fee-drag-calculator)
* [Blog noteA stop loss is not a floor. It is a request.Behaviour, a short note](/blog/2026-08-28-morning-the-stop-loss-that-did-not-stop/)
* [Blog noteThe settlement cycleBehaviour, a short note](/blog/2026-07-11-morning-settlement-cycle/)
* [GlossaryInvesting glossary, 91 termsPlain word definitions](/learn/glossary)

      Community

## Join my WhatsApp group.

      Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me.

        [Sign up for RupeeCase](https://invest.rupeecase.com/signup)
        [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7)

      [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera

    [Next pathPath 11: Tax and Regulatory FrameworkIntermediate, 6 modules, 55 min](/learn/path-11/)
    [Pillar guidePortfolio Construction11 modules across paths 4, 10](/learn/portfolio-construction)
    [Apply it on RupeeCaseAllcap Multi AssetLive execution case study, two week rebalance. Model, back tested.](/strategies/allcap-multi-asset)

  Education only, not investment advice. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a fund, a PMS or a SEBI registered investment adviser. Model returns are back tested and not a promise of future returns. Figures carry the date they were checked.