Leading commodity bourse MCX today said it has resolved the technical problem which had led to halts trading over the last few days.
MCX and its vendors -- for software, hardware and the operating system -- have carried out a detailed analysis of the log records and observed that the incident occurred due to a low level of transmission control protocol packet, it said in a regulatory filing.
"Thereafter, working with the vendors, MCX has implemented a solution which will prevent this issue in the system," the exchange added.
However, analysts said that the frequent halting of trade for 3-5 hours a day on the MCX platform citing technical reasons was not normal.
Investors fear "price manipulation" as rates quoted for some of the commodities when the trading resumed after the technical problem were either lower or higher, they said.
MCX is the country's top commodity bourse and has large presence in both agri and non-agriculture commodities.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
