Commodity traders had a rather challenging morning as the Multi Commodity Exchange of India (MCX), the country’s largest commodity trading platform hit a technical glitch, delaying the start of market operations.
The issue, which surfaced before the regular 9:00 AM opening, pushed trading multiple times before the exchange confirmed a new start time. According to the latest statement from MCX a 10:20 am, “The commencement of trading is delayed due to a technical issue. Trading will start from DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted.”
Trading delayed – multiple updates issued
Normally, MCX trading begins at 9:00 AM, but the platform initially postponed the opening to 9:30 AM due to a system issue. However, when operations could not resume even then, the exchange announced another delay. The latest announcement at 10:20 am has still not given any clear idea about when trading would begin
The exchange clarified that it would commence trading from its Disaster Recovery (DR) site, a backup system used in case of primary server disruptions.
Reason for glitch not disclosed
While MCX did not specify the exact cause or nature of the technical problem, it confirmed that systems were being shifted to the DR site to restore operations safely.
MCX shares react mildly
The exchange’s stock, listed on the BSE, showed a mild reaction to the news. In the early trading hours, MCX shares were trading down 1.17%.
In the last one month, the company’s share price has surged by 16%. Looking at a longer time frame, the stock has delivered a 49% return in the past six months and 40% over the last one year. So far in 2025, the company has generated a 47% return.
The stock’s 52-week high stands at Rs 9,617, while the 52-week low is Rs 4,408.15.
MCX Q2 results around the corner
In a separate update, the exchange informed that its Board of Directors will meet on Thursday, November 6, to review and approve the unaudited financial results for Q2 FY26 (July–September 2025).
About MCX
Founded in November 2003 and headquartered in Mumbai, MCX commands nearly 98% of the commodity futures trading market in India by value. The exchange facilitates trading in a diverse range of contracts from gold, silver, and crude oil to industrial metals and agri-commodities.