A day after the launch of options trading in BULLDEX (iCOMDEX Bullion Index), trading in the country’s largest commodity derivatives exchange, MCX, was delayed due to a technical glitch.
Trading will now start at 9.30 am instead of 9 am from the disaster recovery centre, the exchange said.
Members are requested to note that trading will start at 9:30 am due to a technical issue. Trading will commence from the DR site. Inconvenience is regretted,” MCX stated on its official portal.
The exchange has recently switched to a new trading software developed by TCS.
In July, after a similar technical glitch delayed the market opening, trading commenced more than an hour later.
In February last year, MCX faced a major glitch that led to a four-hour suspension of operations.
The market regulator, SEBI, has laid down clear guidelines for exchanges to follow in light of technical glitches.