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India's stock exchanges, including BSE and NSE, have jointly developed the IRRA platform to reduce risks faced by investors due to certain technical glitches. Here's all you need to know about it.
The Bombay Stock Exchange inaugurated IRRA platform on November 20, which is a platform that helps investors square off or exit their positions when their broker’s platform faces a technical glitch.
Risk Mitigation in financial markets is an evergreen subject and constant efforts are made by regulators to address risks of various kinds
The National Stock Exchange (NSE) has said that it will introduce an Investor Risk Reduction Access (IRRA) platform from October 3 for trading members to address technical glitches or any outage. However, it will not be accessible for algo trading and institutional clients