What organization pushed stock exchanges to create the Investor Risk Reduction Access (IRRA) platform?
SEBI
2023 January
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3.6/5 |
SEBI, the market regulator, has requested that stock exchanges establish an Investor Risk Reduction Access (IRRA) platform. In the event that trading services are interrupted, the platform will give investors the chance to close out their positions or cancel pending orders. There are more instances of bugs in trading members' systems, some of which cause the disruption of trading services.