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News Topical, Digital Desk : MCX Trading News: The Multi Commodity Exchange (MCX) has issued an official statement regarding the technical difficulties it experienced on October 28. The company stated that the problem was caused by a system limit being exceeded.
MCX further stated in its official statement that the technical team had identified and fully resolved the issue, and the system was now functioning normally. The exchange also assured that necessary technical measures had been taken to prevent a similar situation from occurring in the future. The company emphasized, "Our trading system is now fully operational and ready to handle market volume." With this statement, MCX reassured investors and traders that the exchange's operations were completely stable and secure.
What happened that day?
- MCX was to start at 9 am as usual.
- The opening was first postponed to 9:30, then to 10 and then to 10:30.
- The exchange later removed any revised start times as the problem persisted.
- Trading finally began at 1:25 pm.
- During the outage, the exchange said trading would resume from the DR site, but declined to provide a reason for the outage.
Issues related to the previous system
- This latest outage joins a number of technical issues reported over the past few years.
- July 2025: An hour-long outage was attributed to “recurring database issues.”
- October 2023: Soon after launching the new trading platform developed by TCS, MCX faced connectivity issues and delays in price updates, which the exchange termed as “teething problems”.
- Given MCX's dominance in the commodity market and its role in setting price benchmarks, such disruptions receive increased attention.
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