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  Business   Market  12 Jul 2018  Tech glitches halt trading in MCX twice

Tech glitches halt trading in MCX twice

PTI
Published : Jul 12, 2018, 7:16 am IST
Updated : Jul 12, 2018, 7:16 am IST

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

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

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.    

Tags: commodity, mcx, trading system