MCX technical glitch hits trades, users report order delays

An intermittent technical issue at the Multi Commodity Exchange of India affected commodity trading on Wednesday, with multiple brokers warning clients about execution risks.

Brokerage platform Zerodha said in an update that some orders could get rejected or see delays in status updates due to the ongoing issue at the exchange.

“Users trading commodities should exercise caution,” the brokerage noted, flagging uncertainty in order execution during the disruption.

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Users flag issues on social media

Several users took to social media platform X to report glitches while placing trades. Complaints ranged from failed order placements to delayed confirmations and mismatched order statuses.

An intermittent technical issue at the Multi Commodity Exchange of India affected commodity trading on Wednesday, with multiple brokers warning clients about execution risks.

Brokerage platform Zerodha said in an update that some orders could get rejected or see delays in status updates due to the ongoing issue at the exchange.

“Users trading commodities should exercise caution,” the brokerage noted, flagging uncertainty in order execution during the disruption.

MCX timings

Multi Commodity Exchange of India Ltd operates for about 14.5 hours on weekdays. The exchange runs in two sessions.

The morning session starts at 9:00 am and continues till 5:00 pm. The evening session begins at 5:00 pm and runs till 11:30 pm.

Trading in agri-commodities is allowed only in the morning session. It closes at 5:00 pm.

Other segments, including crude oil, energy products, gold, silver, and metals, trade till 11:30 pm. During daylight saving months between November and March, the evening session can extend up to 11:55 pm.

MCX Q3 results: strong growth across metrics

MCX reported a sharp rise in earnings for the December quarter (Q3FY26).

Net profit jumped 151 per cent year-on-year to Rs 401.12 crore. It was Rs 160.04 crore in the same period last year. The growth was driven by strong trading volumes.

Revenue from operations rose 121 per cent to Rs 665.62 crore. It stood at Rs 301.38 crore in Q3FY25, as per the exchange filing.

Operating performance remained robust. EBITDA came in at Rs 526.65 crore, up 144 per cent year-on-year from Rs 216.10 crore.

EBITDA margin expanded to 76 per cent from 67 per cent a year ago.

Average daily turnover (ADT) of futures and options surged 224 per cent to Rs 7.5 lakh crore. It was Rs 2.32 lakh crore in the year-ago quarter.

The bullion segment saw strong traction. Its share in ADT rose 69 per cent quarter-on-quarter. This was supported by new product launches such as Gold Mini and Gold Ten Futures.

MD & CEO Praveena Rai said the quarter reflects strong momentum and deeper market participation. She added that the exchange is expanding product offerings while maintaining focus on governance and compliance.

MCX share price movement

Multi Commodity Exchange of India Ltd shares closed at Rs 2,970 on Wednesday, rising Rs 67.50 or 2.33 per cent for the day. The stock opened at Rs 2,939.80 and moved in a range of Rs 2,911.00 to Rs 2,989.40 during the session. The company’s market capitalisation stood at Rs 75.68K crore. Over the past year, the stock has touched a 52-week high of Rs 3,041 and a low of Rs 1,120.