A technical glitch brought trading to a standstill at the Multi Commodity Exchange (MCX) this morning, leaving traders unable to execute orders.
According to an official update displayed on the MCX website, “As of now market is halted, market expected to start by 9:45 AM.”
The exchange did not immediately disclose the reason behind the outage. Such halts typically occur due to technical or connectivity issues with the trading systems.
MCX is India’s largest commodity derivatives exchange, and disruptions like this can impact trading volumes and hedging activities in key commodities including gold, silver, crude oil, and base metals.
Market participants are waiting for further clarification and confirmation from the exchange as to whether the issue has been fully resolved and what caused the halt in the first place.
This incident underscores the importance of robust infrastructure and contingency mechanisms in ensuring smooth market functioning.
