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MCX launches probe into trading system glitch after four-hour delay at exchange
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MCX trading was delayed over four hours after a system glitch; the exchange has launched an investigation and regulators are seeking answers.
India’s largest commodity derivatives exchange, MCX, initiated an investigation after a technical malfunction forced a more than four-hour delay in trading operations on October 28. The exchange shifted its operations to a disaster-recovery site, with trading resuming at 1:25 pm instead of the standard opening time. Regulators including SEBI have sought detailed explanations, and the exchange’s stock fell about 2 % on the session. MCX also disclosed that corrective measures will be prioritized and root-cause findings shared publicly, underscoring the importance of robust infrastructure in commodity markets.