MCX, India’s largest commodity derivatives exchange, faced a trading delay of approximately 4.5 hours on Tuesday due to a technical glitch. The exchange has launched an investigation to identify the cause and prevent future occurrences.
Initially, MCX announced that trading would commence from its Disaster Recovery site at 9:30 a.m. rather than the usual 9:00 a.m. However, trading did not resume until 1:25 p.m.
“The commencement of trading on Tuesday was delayed due to a technical issue at the Exchange. Operations were shifted to the Disaster Recovery (DR) site, and trading started at 1:25 p.m. All trading systems are now functioning normally,” MCX stated.
The investigation has been prioritized. “We are committed to identifying the cause and implementing necessary corrective measures. Updates on our findings and actions taken will be shared in due course,” the exchange added.
Mrugank Paranjpe, Chairperson of the IMC Task Force on Capital Markets, voiced concerns about the recurring issues at MCX, highlighting that the four-hour shutdown raises serious questions regarding the stability of the commodity market infrastructure. He emphasized the importance of continuous availability of trading platforms, especially on volatile expiry days.
“It is now incumbent on SEBI to reassess and strengthen the continuity and resilience framework for market infrastructure institutions. A DR site only provides infrastructure backup. Software systems and processes must be robust enough to withstand disruptions,” Paranjpe commented.
In July, MCX experienced a similar technical problem that delayed market opening, causing trading to begin over an hour late. Additionally, in February of the previous year, a major glitch led to a four-hour suspension of trading.
Following Tuesday’s incident, shares of MCX declined by 2 percent, closing at ₹9,117 after opening at ₹9,360 and reaching an intraday low of ₹9,071.
This incident was published on October 28, 2025.
