homemarket NewsMCX trading session begins at 1 pm, says delayed due to slow process & generation of backend files
MCX trading session begins at 1 pm, says delayed due to slow process & generation of backend files
Earlier in the day, the MCX had confirmed it was facing technical issues on its trading platform and that it was, along with technology vendor TCS, working to resolve the issue. At first, it had said the trading would begin at 10 am, which was later delayed to 11 am and then finally 1 pm.
The Multi Commodity Exchange (MCX) trading session on Tuesday, February 13, began at 1pm, after it faced some technical issues.
MCX said the delayed start was because of the slow process and generation of backend files.
Earlier in the day, the MCX had confirmed it was facing technical issues on its trading platform and that it was, along with technology vendor TCS, working to resolve the issue. At first, it had said the trading would begin at 10 am, which was later delayed to 11 am and then finally 1 pm.
On another note, the MCX recorded a net loss of ₹5.35 crore compared to a profit of ₹38.79 crore in corresponding period of last fiscal. This is despite a strong topline growth as revenue from operations rose 33.4% on-year to ₹191.5 crore for the quarter.
MCX went live with the new Commodity Derivatives Platform with effect from October 16, 2023.
.MCX shares were trading 0.76% lower at ₹3,462.35 at 1.15 pm on February 13.
First Published: Feb 13, 2024 9:46 AM IST
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