Big news for commodity traders, the timing of MCX trading has changed from today, know till what time the trading will take place

Big news for commodity traders, the timing of MCX trading has changed from today, know till what time the trading will take place

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new Delhi. A big update has come out regarding Multi Commodity Exchange of India i.e. MCX Trading. From today i.e. 14th March, the timing of MCX trading has changed. Due to US Daylight Saving Timings, MCX trading timings have been changed. Under this change, trading can be done on MCX from 9 am to 11.30 pm from Monday i.e. today.

Under the new trading timings, trading has started for Internationally Referenceable Non-Agri Commodities and Agricultural Commodities (Cotton, CPI and Cotton) (Agri Commodities) from 9 am today. However, in the new time zone, trading for non-agricultural commodities will continue till 11.30 pm, while trading for agricultural commodities will continue till 9 pm.

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MCX shares rise
In addition, the Client Code Modification Session for all these will take place immediately after the end of trading for the respective Commodities and for about 15 minutes. MCX shares rose on BSE today. At around 9.24 in the morning, the stock was trading at Rs 1425 per share with a gain of Rs 36.15 or 2.6 per cent. At one time it had reached a high of Rs 1428.25 per share.

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Domestic Bullion Spot Exchange to be launched soon
Last week on Saturday, the National Stock Exchange (NSE) and the Indian Bullion and Jewelers Association (IBJA) entered into an agreement for the launch of a domestic bullion spot exchange. It will be launched under the guidelines of market regulator SEBI. Its objective is to bring transparency in bullion transactions. The thrust of the proposed framework will be to cater to the B2B segment of the industry.

Tags: BSE, Multi Commodity Exchange, NSE

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