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Sebi shuts down risk reduction access trading platform, asks exchanges to strengthen contingency systems
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Markets regulator Sebi has immediately discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers. Introduced last October, the system is now redundant due to enhanced cyber security, disaster recovery, and business continuity measures. Brokers have adopted advanced technologies, and exchanges offer a backup trading facility, making IRRA unnecessary. What's Your Reaction?
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