MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold and silver.According to an ET report, at 12:35 PM, MCX issued an update informing that trading activities remained suspended owing to technical difficulties. The exchange announced plans to resume operations from their Disaster Recovery (DR) facility.The exchange did not specify a definite schedule for resuming operations. They indicated that participants would be informed about the new commencement timing when finalised, the report said.“Update as on 12:35 PM – The commencement of trading is delayed due to a technical issue. Trading will start from DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted,” said MCX through an official notification on their portal.This was the fifth notification of the day for Multi Commodity Exchange. Initially, the exchange announced trading would commence at 9:30 AM, but subsequent delays pushed it to 10:00 AM, then 10:30 AM, before being postponed indefinitely due to technical difficulties.The exchange announced plans to switch operations to its Disaster Recovery site, a backup facility that ensures continuous business operations when the primary location experiences disruptions, though specific details about the technical issue were not provided.Similar technical difficulties have affected MCX previously. An incident occurred in July this year, causing trading to start over an hour later than its standard 9:00 AM opening time.
