Neha Nagar Instagram – 🛑Trading App Glitch?
Don’t Panic! Here’s How to Exit Open Positions
Trading app glitches are very inconvenient and stressful but don’t worry, there are ways to protect your investments.
So recently SEBI launched, IRRA platform which is a backup system that allows investors to access their accounts and exit open positions and pending orders in the event of a trading app glitch.
It’s a joint initiative by all Indian exchanges to ensure investor protection.
👉How to use IRRA platform:
Step 1: Wait for a notification from your broker informing you that the IRRA platform has been enabled. This notification will usually appear on your trading app.
Step 2: Visit the IRRA platform website or app.
Step 3: Log in using your PAN number or unique client code (UCC).
Step 4: Exit your open positions and pending orders.
👉What if the IRRA platform is not working?
If you’re unable to access the IRRA platform, don’t panic. You can still exit your positions by calling your broker directly.
Your broker will have access to the IRRA platform and can assist you in exiting your positions
👉What to Do if You Experience a Trading App Glitch.
– If you experience a trading app glitch, please follow these steps:
-Contact your broker immediately.
-Do not attempt to place any orders until the glitch is resolved.
Keep a record of all communications with your broker.
Please share this important information with your friends and family so that they can also be protected from trading app glitches. | Posted on 09/Dec/2023 15:53:57
