The National Stock Exchange (NSE) on September 14, 2023, issued the Introduction of Investor Risk Reduction Access (IRRA).
The following has been stated namely: -
• Issues like technical glitches or outages might render the Trading Member's Primary (PR) site inaccessible to its investors
• The Investor Risk Reduction Access (IRRA) will be accessible to Trading Members across Exchanges starting from October 03, 2023
• IRRA platform will be available to the TMs supporting Internet Based Trading (IBT) and Security Trading through Wireless Technology (STWT) for their investors. IRRA will not be available for Algo trading and Institutional clients
• Trading Members are strongly recommended to keep their clients' contact details (mobile numbers and email IDs) updated in the UCC system of the Exchanges. This information will be used for investor login authorization on the IRRA platform
• The process has been stated in the notification
• The IRRA platform also provides Trading Members access to an Admin Terminal, allowing them to monitor their investors' actions
[Notification No. NSE/ISC/58390]
