Investor Risk Reduction Access platform

November 27, 2023

The Investor Risk Reduction Access (IRRA) is a platform that will act as a ‘safety net’ for investors in case of technical glitches faced by a trading member or a stock broker registered with SEBI.
It will provide investors an opportunity to close open positions and cancel pending orders in case of disruption at the stock brokers’ end.
It is not meant for taking fresh positions or orders, but only to cancel the pending orders.
IRRA has been jointly developed by all the stock exchanges – BSE, NSE, NCDEX, MCX and Metropolitan Stock Exchange of India (MSE) and was launched by Securities and Exchange Board of India (SEBI).
However, IRRA is not available for algo trading and Institutional clients.
- Securities available for trading and settlement on a Trade-for-Trade basis will not be available for square-off.