Overview

• On July 23 MCX halted trading for 1 hour 15 minutes, resuming at 10:15 am after a critical backend glitch
• The exchange restored its main platform but order acceptance across all brokers remains suspended, prompting Zerodha to reroute trades to the NSE commodity segment
• MCX’s share price dropped 1.21% to Rs 8,055, its lowest since July 11, marking a second straight day of declines
• Members had experienced weeks of delayed and error-filled settlement files, leading to a shift to the disaster recovery site on July 21
• SEBI is expected to review MCX’s compliance under securities regulations, with potential penalties and scrutiny of its infrastructure controls