MCX Trading Resumes After Technical Glitch Disrupts Market Functioning

Market Performance

On July 23, trading on the Multi Commodity Exchange (MCX) faced a disruption during the early hours of the day due to a technical glitch.

At 10:05 AM, the MCX share price on the NSE was recorded at ₹8,144, reflecting a 0.15% decline. This slight dip occurred amidst temporary operational challenges that hindered trading activity for a short period.

Main News: Technical Glitch Freezes Orders Across Brokers

Trading was halted earlier in the day as MCX failed to accept orders across all broker platforms. The exchange issued a brief notice on its official website, stating that the market would resume at 10:10 AM.

At around 9:05 AM, multiple users reported on social media platform X that MCX price feeds had frozen, making trading unresponsive.

Company Details: Past Incidents and Regulatory Penalty

This isn’t the first time MCX has faced a technical disruption. In February 2023, a system malfunction resulted in a four-hour trading halt. That issue was reportedly linked to MCX's migration to a new trading platform.

Adding to its operational scrutiny, in May 2025, the Securities and Exchange Board of India levied a ₹25 lakh penalty on MCX. The fine was issued due to:

• Lapses in disclosure requirements
• Submission of inaccurate data related to its trading software contract

Such regulatory actions can impact investor confidence and underscore the need for robust tech infrastructure within India’s key exchanges.

Impact on Market and Commodities

Though the disruption lasted less than an hour, any delay on MCX has the potential to impact trading volumes in high-demand commodities like:

• Gold
• Silver
• Crude Oil
• Base Metals

The brief freeze could also affect hedging strategies used by various stakeholders in the commodities market, especially during volatile trading windows.

Summary of the Article

• MCX share price was marginally lower at ₹8,144, down 0.15% as of 10:05 AM.
• Trading resumed at 10:10 AM after a technical glitch disrupted order placements.
• The glitch was acknowledged across brokers, with temporary trading directed to the NSE Commodity segment.
• Past glitches and a ₹25 lakh SEBI penalty add to ongoing concerns about the exchange's operational reliability.
• Commodity trading volumes and strategies may have been briefly impacted due to the outage.