TECH GLITCHES HALT TRADING IN MCX TWICE

New Delhi, July 11: 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 relogin.

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.