Page 9 - Mcx

MCX tech glitch: Trading commences on MCX at 1 pm after 4-hour delay

The exchange, instead of opening at 9am, was able to commence trading after 1 pm

Trading at India's MCX resumes after 4-hour delay due to technical snag

MCX is primarily a venue to trade gold, silver, crude oil and base metal futures contract in India, a leading importer of these commodities

Multi-Commodity Exchange of India starts process of offering DMA to FPIs

The DMA facility allows brokers to provide direct trading terminals to their clients. "All DMA orders shall be routed to the exchange trading system through the broker's trading system," MCX said

Market holiday: BSE and NSE to remain closed today on account of Christmas

Indian exchanges like NSE, BSE, MCX, and the bond market will remain shut on the account of Christmas, this is the last market holiday on a trading day in this calendar year

MCX stock riding on hopes of strong prospects post technology upgrade

The long-term growth opportunity remains, and trading volumes may benefit from new product launches

Stocks to Watch: Titan, Bank of Baroda, MCX, Birla Corp, TCS, REC, PFC

Stocks to watch on October 11, 2023: MCX said it will go live on the new commodity derivative trading platform from October 16, after a mock session on October 15

MCX shares hit record highs; Krystal Integrated Services files IPO papers

Krystal Family Holdings owns 100 per cent stake in the company

MCX gains 5%, hits record high on Sebi's nod to launch new trading platform

Approval from regulator remains positive for MCX as it will enable the launch of more products

Stocks to Watch: MCX, TCS, Reliance, Bank of Baroda, Titan, Liquor, sugar

Stocks to Watch on October 9, 2023: MCX has received approval from Sebi's technical advisory panel to shift to the new commodity derivative trading platform

NSE, BSE eye core mkts with new launches as MCX awaits trading platform

As MCX manoeuvres the regulatory rigmarole over a new trading platform, its better-known rivals NSE and BSE, despite their relatively minuscule market share, are set to launch a major bid on Monday to enter the areas hitherto dominated by the country's largest commodity exchange. MCX (Multi Commodity Exchange of India Ltd) has been under the spotlight for a long time with regard to its transition to a new commodity trading platform from the one developed by its erstwhile promoter Financial Technologies India Ltd, now known as 63 Moons, that it has contracted to use till the year-end after repeated extensions. MCX announced last month that it will go live with the new platform developed by TCS from October 3, the implementation was put on hold soon after by the capital market regulator Sebi due to "technical issues" and in the wake of some pending legal matters. While the exchange has been holding mock trading sessions for the new software for quite a long time and will continue on .

MCX gets Sebi approval to launch new commodity derivatives platform

MCX had initially intended to introduce the CDP on October 3. However, they have not revealed the new launch date yet

MCX delays shift to new trading platform; shares decline 9% intraday

Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close

Mkt regulator Sebi puts MCX's impending transition to new CDP in abeyance

The exchange was scheduled to go live with the new tech platform on October 3

Sebi asks MCX to put launch of new commodity derivative platform on hold

The Securities and Exchange Board of India (Sebi) will discuss the commodity platform in its technical advisory committee meeting to be held shortly, MCX said in a statement

MCX slips 9% as Sebi stops launch of new commodity derivative platform

Sebi has asked MCX to put on hold the proposed plan to launch its new commodity derivatives platform (CDP) planned for next week

MCX surges 9%, nears record high; stock zooms 32% in one month

A combined around 7 million equity shares, representing 13 per cent of total equity of MCX, changed hands on the NSE and BSE till 3:00 PM

Gold, silver prices unchanged; yellow metal trading at Rs 59,620 per 10g

The price of ten grams of 22-carat gold was Rs 54,650, at par with yesterday's price

MCX shares tumble 9% after 63 Moons get software support contract

Shares of MCX tumbled nearly 9 per cent on Friday after the commodity exchange extended its software support contract with 63 Moons Technologies for a higher fee. The stock fell 8.65 per cent to settle at Rs 1,499.85 apiece on the BSE. During the day, it tanked 12.47 per cent to Rs 1,437. On the NSE, it dived 8.65 per cent to end at Rs 1,500.10 per share. However, shares of 63 Moons jumped 12.66 per cent to end at Rs 244.20 each on the BSE. On the NSE, the company's stock surged 12 per cent to settle at Rs 243 per piece. In separate stock exchange filings on Thursday, Multi Commodity Exchange of India Ltd and 63 moons said the contract has been extended for a period of six months starting July 1. The contract has been renewed at a consideration of Rs 125 crore per quarter, which would translate into Rs 250 crore for the six-month period. On the other hand, 63 moons, formerly known as Financial Technologies India Ltd, said it has "once again agreed to the eleventh-hour request by

63 Moons zooms 52% in 5 days as MCX extends support service for 6 months

Meanwhile, shares of MCX slipped 12 per cent to Rs 1,437 on the BSE.

One more time: 63 Moons' word-play on MCX extends software support contract

'One more time', 'last time', 'third time' and 'wish them good luck'. 63 Moons Technologies chose interesting words as it informed investors that Multi Commodity Exchange of India Ltd (MCX) once again extended the software support contract with the company for a quarterly fee of Rs 125 crore. The company is also the founder and former promoter of the bourse. The embattled exchange, which has been using the same software for nearly two decades, has been forced to continue with it, albeit at a much higher cost, after repeatedly failing to transition to a new trading platform within stipulated deadlines. In separate early morning stock exchange filings on Thursday, Multi Commodity Exchange of India Ltd and 63 moons said the contract has been extended for a period of six months starting July 1. Not so often that a regulatory filing informing about the renewal of a contract would have word-play varying from "one more time" to "eleventh-hour request" to "wish them good luck". According