Trading on the Multi Commodity Exchange (MCX) remained suspended for over four hours on Tuesday morning, October 28, following a major technical disruption that prevented the market from opening on time.
As of 12:35 PM, MCX issued an update stating: “The commencement of trading is delayed due to a technical issue. Trading will start from the DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted.”
The outage has caused significant inconvenience to traders, particularly since today marks the monthly expiry day, a crucial session for commodity contracts. Many market participants expressed frustration over repeated system outages that disrupt trading during high-volume periods.
This isn’t the first time MCX has faced such a problem. On July 23, trading was also delayed for nearly an hour due to technical issues. The exchange typically operates from 9:00 AM to 11:30 PM on weekdays, split between morning and evening sessions.
