The Multi Commodity Exchange (MCX) continues to face a major technical disruption on Tuesday, October 28, as trading failed to resume even after the 10:00 AM timeline earlier indicated by the exchange.
Despite multiple announcements — first at 9:30 AM and later revised to 10:00 AM — traders report that the exchange remains non-operational, with no live quotes or trading activity visible across platforms.
The exchange had earlier informed members that operations would run from its Disaster Recovery (DR) platform following technical issues in the main system. However, the MCX website and terminals remain inactive, and the revised restart time is still unconfirmed.
The disruption comes on a monthly expiry day, a crucial session for commodity derivatives traders. Screens across major broker terminals show zero bids and asks for contracts in gold, silver, and crude oil, leaving traders in uncertainty and frustration.
Market participants have also expressed concern that such outages have occurred repeatedly over the past two to three days, questioning the reliability of the exchange’s technical infrastructure.
A notification from a leading brokerage app also read:
“Commodity markets will open late today due to an issue at MCX. The revised opening time is not yet confirmed. We’ll share an update once it’s available.”
As of 10:01 AM, MCX trading is still halted, with no official communication from the exchange on the next steps.
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