MCX technical glitch: Trading commences on MCX at 1 pm after four-hour delay
Trading on MCX commenced at a delay of about four hours, at 1 pm on Tuesday, February 13, instead of the normal 9 am, owing to a technical glitch at the commodity exchange.
MCX technical glitch, MCX margin file error: Trading on MCX commenced at 1 pm on Tuesday, February 13, instead of the normal 9 am, owing to a technical glitch at the commodity exchange. First delayed for an hour and then delayed further owing to persistent issues at the bourse, trading finally resumed on the bourse at 1 pm.
"Trading resumed at 1 pm The delayed start was attributed to the slow processing and generation of backend files for the members. We apologise for any inconvenience caused," MCX said after the bourse returned to normal operations.
Normally trading at MCX takes place in two sessions, from 9 am to 5 pm (morning session) and from 5 pm to 11:30/11:55 pm (evening session).
“Members are requested to note that the start of the market has been delayed and (the) revised market start time will be 1:00 pm today," the bourse notified on its website, mcxindia.com, earlier in the day as several members waited for the operations to return to normalcy.
Zee Business was the first to report the delayed opening on MCX due to technical reasons.
Several members faced issues due to issues in the creation of the margin file.
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