The exchange shifted operations to its Disaster Recovery (DR) site before reopening markets. In a statement issued shortly after trading resumed, MCX said all systems are now functioning normally and that an investigation has been initiated on priority to determine the root cause of the problem.
The exchange also apologised for the disruption and assured market participants that corrective measures would be taken and updates would follow.
How the delay unfolded
MCX was scheduled to start at the usual 9 a.m.
Opening was first postponed to 9:30 am, then 10 am, and 10:30 am.
The exchange later removed any revised start time as the issue persisted
Trading finally began at 1:25 pm.
During the outage period, the exchange maintained that trading would commence from the DR site but refrained from disclosing the nature of the glitch.
Previous system-related incidents
The latest disruption adds to a series of technical issues reported over the past few years:
July 2025 — An hour-long halt was attributed to “repetitive database issues.”
October 2023 — Shortly after launching a new TCS-developed trading platform, MCX experienced connectivity issues and delayed price updates, which the bourse referred to as “teething troubles.”
Such outages draw increased scrutiny given MCX’s dominance in the commodities market and its role in pricing benchmarks.
Why stability on MCX matters
MCX is India’s largest commodity derivatives exchange, accounting for nearly 98% of commodity futures trading by value in FY25. It facilitates trading in gold, silver, crude oil, natural gas, base metals, and select agricultural products — essential hedging tools for industries, importers, and investors.
Even short trading halts can affect:
- Price discovery in key commodities
- Hedging positions and rollover strategies
- Market sentiment, particularly during global volatility
First Published: Oct 28, 2025 10:13 AM IST
