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New Commodity Derivative Trading platform [Oct 13,2023]

Dear Valued Client, 

We would like to bring to your attention a significant update concerning the Commodity Trading. The MCX Exchange is undergoing a transition to a new Commodity Derivative Trading platform, which necessitates some adjustments. 


 Important points: 


Transition Date: The transition to the new platform at MCX will take place on 13th October and the new platform will be available from 16th October 2023Please note that there will be no change in Trading Platform for you to place Commodity orders. You may continue to place orders in Rocket or Rocket Plus. This change is only at the level of MCX Exchange 


 Revision in Trading Hours on 16th October: On 16th October, Commodities market will start at 10.45am and continue till 11.30pm. Normal trading hours will restore from 17th October, 2023 


Unavailable Trading Facilities: The following trading facilities will not be available until further notice from the Exchange: 


  1. Multi-MAT Orders 
  2. LTP Based Spread Orders 
  3. Spread Immediate or Cancel (IOC) Orders 
  4. Combination Orders (2L/3L) 

 Cancellation of GTT and GTC Orders: All open Good 'Till Triggered (GTT) and Good 'Till Cancelled (GTC) orders will be automatically canceled at the end of 13th October. 

 

Review and Reschedule Strategies: We recommend reviewing and rescheduling your trading strategies in light of the unavailable trading facilities and the cancellation of existing GTT and GTC orders. 
 

We appreciate your understanding and cooperation rendered while the Exchange is enhancing the Trading Platform for better trading experience. Thank you for your continued trust in us. 

[Posted @ 12:29 PM]