MCX temporarily halts trade in evening hours, resumes it later

Commodity Exchange MCX had to halt trading on its platform as a problem was observed around Monday evening.

The exchange said that normal trading resumed at 7:36 p.m. and that members were allowed to cancel pending orders during a special session.

“MCX observed a problem with its trading system around 6:36 p.m. today. After assessing all the hardware, software and network aspects, it was decided to restart the trading system,” the company said in a statement.

“Members were then allowed to re-login at 7:15 p.m.”

According to the exchange, from 7:25 to 7:35 p.m. its members were allowed to cancel their pending orders in the system, in a special session.

“Live, normal trading resumed at 7:36 p.m.,” the statement added.

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