MCX technical glitch: Commodities trading resumes after a halt of over 1 hour

Multi Commodity Exchange of India (MCX) on July 23, Wednesday, faced technical glitch soon after the market opened, due to which the commodity trading on bourse was halted.

The trading resumed at 10:15 AM, after after being halted for more than an hour.

“Trading started on the exchange at 10:15 am today, due to delay in clearing technical processes and file sharing,” MCX said in a statement.

The earlier announcement from MCX said that market was expected to resume at 9:45 AM. However, the trading did not resume at the said time.

The next update from the exchange said that the commodity markets were expected to open at 10:10 AM.

MCX has not disclosed the reason for the disruption in trading.

Meanwhile, brokerage firm Zerodha said that the orders can be placed in the NSE Commodity segment.

“Multi Commodity Exchange (MCX) is facing an issue and is currently not accepting orders across all brokers. In the meantime, you can place orders in the NSE Commodity segment (NCO),” Zerodha said in a post on X.

MCX trading opens at 9:00 AM and ends at 11:30 PM/11:45 PM on weekdays. However, due to the glitch on Wednesday, the trading stopped at around 9:05 AM, soon after the market opened.

At 10:40 AM, MCX share price was trading 0.24% higher at ₹8,170.90 on the BSE.