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
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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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