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MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time

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MCX delayed trading to 10:00 AM on Tuesday due to a technical glitch, as announced in an early morning notice by the Multi Commodity Exchange.

MCX trading glitch

MCX Glitch: The Multi-Commodity Exchange (MCX) faced a technical glitch on Tuesday, preventing the start of trading. Earlier, the exchange had announced that trading would begin at 10:00 AM following the issue, but it did not resume as planned.

MCX is yet to confirm a new time for the commencement of trading.

“Update as on 09:45 AM-Members are requested to note that the trading will start at 10 AM due to technical issue. Trading will start from DR. Inconvenience is regretted,” MCX informed in the update.

This is not the first time MCX has faced such an issue. Earlier this year, MCX faced a similar technical issue in July when the trading began at 10:15 AM, a delay of more than an hour.

The Multi Commodity Exchange of India (MCX) is the country’s largest commodity derivatives exchange, providing a platform for trading in commodities such as gold, silver, crude oil, natural gas, and various agricultural products. Established in 2003 and headquartered in Mumbai, MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It plays a crucial role in India’s commodities market by enabling price discovery, risk management, and hedging for participants ranging from traders and investors to producers and exporters. MCX’s benchmark contracts—like gold and crude oil futures—are widely used to gauge market sentiment and global commodity trends.

On July 23, trading on MCX was initially expected to resume by 9:45 AM, but the exchange later revised the opening time to 10:10 AM, but trading did not resume as planned. It finally began trading from 10:15 AM after a delay caused by clearing technical processes and file sharing.

(This is a developing story. To be updated)

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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