The Multi Commodity Exchange (MCX), India’s largest commodity derivatives exchange, faced a technical issue on Tuesday, October 28, leading to a delay in the opening of trading hours. The exchange informed market participants through a notice posted on its official website, confirming that trading would commence at 10:30 AM, an hour and a half later than its scheduled start time of 9:00 AM.
In its message issued at 10:11 AM, MCX stated, “Members are requested to note that the trading will start at 10:30 AM due to a technical issue. Trading will start from the DR (Disaster Recovery site). Inconvenience is regretted.”
This announcement came after a series of earlier postponements in the morning session. Initially, the market opening was delayed to 9:30 AM, then pushed further to 10:00 AM, before final confirmation that trading would resume at 10:30 AM from the Disaster Recovery site.
Operations Shifted to Disaster Recovery Site
According to the official update, MCX activated its Disaster Recovery (DR) site to restore trading operations. This step is part of the standard protocol for exchanges to ensure business continuity during system disruptions.
The exchange, which facilitates trading in commodities like gold, silver, crude oil, and metals, clarified that the issue was technical in nature and that all necessary measures were being taken to restore normal functionality as soon as possible.
MCX also issued an apology to its members and trading participants for the delay, stating that the inconvenience caused was regretted.
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Second Major Outage in Four Months
This latest disruption marks the second technical outage for MCX in four months.
Earlier, on July 23, 2025, the exchange had postponed its market opening by more than an hour, eventually starting trading at 10:15 AM. At that time, MCX attributed the delay to “clearing technical processes and file sharing”, which took longer than expected.
Before that, in February 2024, MCX experienced another significant four-hour delay in commencing trading operations. The exchange had explained that the issue arose from slow back-end file processing and generation for its members, which caused a bottleneck in system readiness.
Frequent system disruptions can impact daily trading activity and participant confidence, especially for India’s most widely used commodities trading platform. However, MCX has continued to maintain its position as a leading exchange by ensuring contingency measures such as shifting to DR sites when primary systems encounter technical difficulties.
Market Reaction and Member Communication
As of the latest update, MCX has not disclosed the specific technical reason behind Tuesday’s glitch. However, it reassured market participants that operations from the Disaster Recovery site were functioning normally once trading began at 10:30 AM.
The exchange’s website carried the notice prominently, keeping members informed about the situation throughout the morning. The communication emphasized transparency and adherence to operational safety protocols during unexpected disruptions.
Previous Delays Highlight Technical Challenges
The repeated delays in recent months have drawn attention to the need for robust technological infrastructure to support uninterrupted trading in high-volume markets. While the exchange has a strong reputation for operational reliability, the back-to-back outages in February, July, and now October indicate recurring technical challenges that may require additional preventive measures.
Despite the issues, MCX’s swift transition to its backup systems and its ability to resume trading within a short timeframe reflect its crisis management preparedness.
Conclusion
To summarize, the Multi-Commodity Exchange (MCX) experienced a technical glitch on October 28, which resulted in a delay of trade opening to 10:30 AM. The exchange confirmed that trading resumed from its Disaster Recovery site, ensuring minimal disruption for participants.
This incident marks the second major delay in four months, following similar technical interruptions in July 2025 and February 2024. MCX has apologized for the inconvenience caused and stated that normal trading operations have resumed.
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