Overview
- Trading on Tuesday started late and resumed at 1:25 p.m. after more than four hours, marking MCX’s longest halt this year and its second major outage in 2025.
- Sebi is investigating the delay, and under its rules a stoppage exceeding three hours can attract additional monetary penalties.
- MCX identified a predefined limit on Unique Client Codes as the root cause and said corrective steps are in place with systems stable for current volumes.
- Failover to the disaster recovery site did not restore operations because the capacity breach persisted there as well, according to source reports.
- Traders, especially in bullion, reported losses and escalated complaints via IBJA, while a brokers’ body is seeking talks with the MCX chair and top management.