Tech glitches halt trading in MCX twice

The exchange restarted the trading system and members were then allowed to re-login.;

Update: 2018-07-12 01:46 GMT
MCX said that the technical glitch was not caused due to any cyber security breach.
The government has mandated giving preference to locally produced cyber security products in all public procurement where intellectual property rights are owned by companies or start-ups incorporated in India.
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New Delhi: Leading commodity bourse MCX on Wednesday said the trading was halted at its platform twice during the day because of a technical glitch.

“MCX observed a technical problem with its trading system around 11:46 am today. The Exchange restarted the trading system and members were then allowed to re-login,” the exchange said in a regulatory filing.

The members were allowed to cancel their pending orders in the system in a special session between 12:40 pm to 12:55 pm. Thereafter, live normal trading resumed at 12:56 pm, it said.

However, there was a recurrence of technical problem at around 1:43 pm. The exchange restarted the trading system and members were then allowed to re-login.

In a special session between 3:55 pm to 4:10 pm, the members were allowed to cancel their pending orders in the system. Thereafter, the normal trading resumed at 4:11 pm.

MCX said that the technical glitch was not caused due to any cyber security breach.    

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