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MCX Technical Glitch Alters Schedule: Commodity Markets to Open at 10 AM today

15 February 20242 mins read by Angel One
The regular trading hours on weekdays are from 9:00 AM to 11:30 PM. However, due to a technical glitch, today's session is expected to commence at 10 AM.
MCX Technical Glitch Alters Schedule: Commodity Markets to Open at 10 AM today
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MCX, India’s modern commodity derivatives exchange facilitating online trading of commodity contracts, experienced a technical glitch on Tuesday during the early morning session.

The standard trading hours on weekdays, from Monday to Friday, are 9:00 AM to 11:30 PM, as indicated on the website. However, today, there is a discrepancy in the trading timing due to a technical issue, causing inconvenience for investors and traders who are unable to access the platform properly.

In response to the technical snag, the MCX team is actively working to identify and resolve the main error. They have provided a tentative duration for resolving the issue, with the platform expected to resume operations at 10 AM, which is one hour past the normal trading session.

MCX offers trading in commodity derivative contracts across various segments, including bullion, industrial metals, energy, and agricultural commodities. Additionally, the exchange allows trading on indices constituted from these contracts. Notably, MCX holds the distinction of being India’s first exchange to introduce commodity options and futures contracts on bullion, base metals, and energy indices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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