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MCX informs of technical glitch that delayed 'end-of-day processes'

The exchange said on July 9, that the special session for the day will start at 9:45 am and market will trading will begin from 10 am today.
July 09, 2024 / 09:13 IST
The end of day process for Monday's trade were delayed due to technical glitch, MCX said.

Commodity exchange MCX has informed investors about a technical glitch in the 'end-of-day processes' for Monday's trade, which has resulted in a delay.

The exchange said on July 9, that the special session for the day will start at 9:45 am and market will trading will begin from 10 am today.

End-of-day processes for any exchange are crucial to ensure transactions are accurately updated and maintained. The process can involve reconciling orders between transacting parties, creating end-of-day reports, backing up of data, review of risk exposure and margin requirements, internal compliance checks, and other aspects.

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