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MCX Trading Paused Due to Technical Issue on Wednesday Morning

MCX Trading Paused: Trading on the Multi Commodity Exchange of India (MCX) was temporarily stopped due to a technical glitch shortly after the market opened on Wednesday. Learn more about the issue and expected resumption time.

Hey there! If you’re following the Multi Commodity Exchange of India (MCX), you might’ve noticed things hit a snag this morning. Right after the market opened on Wednesday, a technical glitch caused a full stop to all commodity trading. It’s one of those moments that reminds us even the best systems can have an off day!

MCX Trading Paused Due to Technical Issue

According to a quick update on the MCX website, trading is currently on hold, but they’re working to get things back up and running by 9:45 AM. Fingers crossed it’s smooth sailing from there!

I know it’s frustrating when these hiccups happen, especially if you’re an active trader. Stay tuned to the MCX website for the latest updates, and hopefully, we’ll see the market buzzing again soon. Have you been affected by this pause? Let me know how you’re navigating it!

MCX gets Sebi’s nod for electricity futures

Recently, the stock of MCX came after Sebi granted approval for the launch of Electricity Derivatives Contracts. The derivatives contracts by MCX will enable generators, distribution companies, and large consumers to hedge against price volatility and manage price risks more effectively, by enhancing efficiency in the power market.

In the days leading up to the halt, MCX had been operating from its disaster recovery (DR) site, a backup system typically used during emergencies. On July 21, MCX officially informed trading members that live trading was being conducted from the DR site.

“The Exchange is conducting live trading from DR site. Members are requested to take note,” an MCX alert for trading members dated July 21 noted.

Trading was eventually restored to the main site, which is now operational again. The main system had briefly gone down due to a tech glitch, but the exchange claims the issue stands completely resolved for now. Technical teams are reportedly still working to fine-tune backend systems.

As per the trading members, constant discussions are underway with the exchange in the hopes of quick resolution and all the disruptions were also timely flagged by them. The exchange has 544 registered members and 32,480 Authorised Persons across India as on 31st March 2025.

Despite the restoration, according to two people privy of the issue, traders are not placing major orders due to the uncertainty around the issue.

On the positive side, the issue did not arise due to high volumes received from the recently launched electricity derivatives product, one of the people quoted above mentioned.

About MCX

MCX, operational since 2003, is India’s leading commodity derivatives exchange with a market share of about 98 per cent in terms of the value of commodity futures contracts traded in the financial year 2024-25. It offers trading in a diverse range of commodities, spanning multiple segments including bullion, energy, metals and agri commodities, as well as sectoral commodity indices.

Educating people by helping them understand the benefits of precious metals as part of their portfolios.

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