I understand that NSE introduced iraa platform to square off open positions in case of broker glitch.
How to access it?
I understand that NSE introduced iraa platform to square off open positions in case of broker glitch.
How to access it?
A broker whose systems are down, and has failed in all other ways to provide access to trading to its clients can invoke the IRRA by raising a request with the stock exchange. Only once a broker has invoked the IRRA, limited access to square off current open positions/cancel open orders will be made available to investors. There’s an FAQ available here that has more details.