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India regulator likely to penalise MCX after four-hour outage
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SEBI likely to penalise MCX after a major trading outage, raising infrastructure risk in commodities markets.
India’s commodities exchange Multi Commodity Exchange of India (MCX) is expected to face a penalty from the Securities and Exchange Board of India (SEBI) following a four-hour trading halt caused by a capacity breach in its systems. The disruption also impacted bullion traders, who reported losses from inability to adjust positions. MCX said corrective measures are in progress. The incident highlights infrastructure and resilience risks in India’s exchange ecosystem.