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MCX Technical Glitch caused a delay in Tuesday’s trading session, which started only at 1:25 pm after systems recovery.
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MCX Technical Glitch led operations to shift temporarily to the Disaster Recovery (DR) site) to restore normal functioning.
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MCX Technical Glitch is under investigation; the exchange assured corrective measures and apologized for the inconvenience.
MCX Technical Glitch disrupts Tuesday’s market opening
The MCX Technical Glitch on Tuesday morning caused a delay in the start of commodity trading at India’s leading commodity exchange, the Multi Commodity Exchange of India (MCX). The issue forced the exchange to postpone the market opening multiple times, leaving traders uncertain through the morning. Operations eventually began at 1:25 pm, well past the usual start time of 9 am. MCX confirmed that all trading systems had resumed normal functioning after being temporarily shifted to its backup facility.
MCX Technical Glitch forces activation of Disaster Recovery site
To minimize disruption from the MCX Technical Glitch, the exchange decided to shift operations to its Disaster Recovery (DR) site) — a backup facility designed to handle unexpected outages. This move ensured that trading could eventually resume smoothly after the prolonged delay. The MCX DR site plays a crucial role in maintaining business continuity during technical issues. The exchange stated that its team worked with utmost priority to restore systems and allow market participants to trade again safely.
MCX Technical Glitch leads to multiple postponements before 1:25 pm recovery
Before trading systems resumed normal operation at 1:25 pm, the MCX Technical Glitch caused at least three postponements. Initially, the exchange postponed the market opening to 9:30 am, then pushed it to 10 am, and again to 10:30 am, before further extending it as the issue persisted. The extended delay was unusual for MCX, which operates continuously from 9 am to 11:30 pm on regular trading days and up to 11:55 pm during the daylight saving months between November and March.
MCX Technical Glitch prompts formal investigation
Following the incident, MCX announced that it has launched a formal investigation into the technical glitch to identify the root cause. The exchange emphasized that its top priority is ensuring smooth and stable trading operations going forward. “We remain committed to identifying the root cause and implementing necessary corrective measures. Updates on findings and actions taken will be shared in due course,” the exchange said in its statement to the stock exchanges.
MCX Technical Glitch met with swift communication from the exchange
Throughout the morning, MCX kept traders informed with multiple updates about the delay caused by the technical glitch. This proactive communication helped prevent panic among investors and brokers. The exchange also issued an official apology, saying, “We sincerely regret the inconvenience caused to market participants and appreciate their patience and understanding.” Such transparency is critical in maintaining market trust, especially for one of the most active commodity trading platforms in India.
MCX Technical Glitch follows recent new contract launch
Interestingly, the MCX Technical Glitch occurred just a day after MCX launched new monthly options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX®). This index tracks the performance of gold and silver futures — two of the most actively traded commodities on the platform. The launch was expected to provide traders and investors with a diversified and flexible risk management tool, enabling them to hedge exposure to the bullion segment effectively.
MCX Technical Glitch unlikely to impact new product rollout
Despite the MCX Technical Glitch, market analysts believe the exchange’s recent initiatives, like the new bullion index options, will continue as planned. These contracts are designed to strengthen MCX’s role as India’s leading commodity trading platform by offering innovative products aligned with global trading practices. The new instruments also give traders a chance to diversify across multiple bullion assets while benefiting from the flexibility of options trading.
MCX Technical Glitch highlights need for stronger backup systems
The MCX Technical Glitch has renewed discussions around the need for stronger technological infrastructure and more frequent system audits. Experts believe that as trading volumes continue to grow, exchanges must invest in high-reliability systems, automated backups, and real-time monitoring tools to prevent such disruptions. MCX already maintains one of the most advanced trading frameworks, but incidents like this emphasize the importance of continuous improvement in digital resilience.
MCX Technical Glitch handled effectively; operations stable again
By late afternoon, MCX confirmed that all trading systems were stable and operating normally. The exchange reassured investors that no data loss or trading anomalies occurred during the disruption. Market participants praised MCX for its swift response and transparent communication during the crisis. With systems now back to normal, the focus will be on the ongoing investigation and the preventive steps MCX will take to ensure such glitches are avoided in the future.
