MCX to launch new trading software from July 27

Elvera Bartels

A working day just after suspending it indefinitely, the Multi Commodity Exchange (MCX) has announced that the new trading software program will go are living on July 27.

The upgraded software program will come with the attribute to accept damaging bids. In get to familiarise traders and users with the the new software program, MCX had performed mock trading from July eleven-eighteen. Dependent on the request from users yet another mock trading session will be performed on July 25 in advance of likely are living with the new software program, claimed the trade in a statement.

On Friday, the trade had decided not to go are living with its new software program from July twenty and claimed it will converse the new date by means of a independent round. The trade not long ago captivated investors’ wrath for settling its April crude contract at damaging ₹2,884 a barrel, main to a reduction of ₹435 crore.

It advised all users to actively participate in the mock trading to avoid any concerns when the new trading software program goes are living.

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