Introduction of invester risk reduction Access ( IRRA )

[Dhinesh_Muthusamy]

if anyone explain about this circular briefly ??

[Duck]

Exchange Access In Case Of Broker Is Down For Squaring & Cancellation Of Your Position

[Meher_Smaran]

In its board meeting in December 2022, SEBI floated a framework for the Investor Risk Reduction Access (IRRA) platform which should be provided by the exchanges. In case any broker faces downtime, traders can square off their open positions on this platform.

Highlights from today's SEBI Board meeting (20th December, 2022)

Key highlights from the SEBI board meeting held today: Changes in buyback regulations Buyback through Stock Exchange Route: The minimum amount to be utilized when buyback is undertaken via stock exchanges is increased from 50% to 75%. Buyback through the stock exchange route to be phased out in a gradual manner Creation of a separate window on stock exchanges for undertaking buyback till the time buyback through stock exchange is permitted. Buyback through Tender Offer Route: P…

This will be a common platform under the guidelines of Investor Risk Reduction Access (IRRA), jointly provided by all Exchanges.

We will make a detailed post on this very soon covering all the aspects.

[HSL]

how can i login to this platform ?

[VarunG]

This is an excellent initiative by SEBI. Hope this reduce the risk of broker faults and include Intraday trades. Never knew a retail trader had a DR site.