Under the new framework, glitches occurring outside trading hours or beyond brokers’ control (such as issues at banks, cloud providers, or payment gateways) will not be classified as technical glitches. The framework will apply only to brokers with more than 10,000 registered clients. Reporting requirements are streamlined, with stock brokers required to notify exchanges and clients within two hours of a glitch, followed by a preliminary report within one trading day, submitted via a common reporting platform. The revised structure also rationalizes financial disincentives, excluding minor glitches or those affecting only one trading mode.