NEW DELHI: MCX ruled higher by 2 per cent on Tuesday after the commodity exchange offered more details on Monday's technical glitch.The stock rose 2.24 per cent to hit a high of Rs 795.6 on the BSE."Data integrity and other checks have been performed to satisfy and assure that there has been no impact on any of the surveillance, risk margining and any other pre- or post-trade activities," the company told the BSE.It further said the matter is being examined by software vendor and OEMs (original equipment manufacturers).
A preventive solution has been put in place.
MCX encountered a technical issue with its trading system around 08:10 pm on Monday.In a special session, its members were allowed to cancel their pending orders in the system between 10.15 pm and 10.30 pm.
Normal trading resumed at 10.31 pm.The exchange concluded its session at 11.30 pm as per normal schedule.
The internationally referenceable agri commodities such as cotton and crude palm oil (CPO) were settled for July 16, 2018, on the basis of last half hour traded price.
The end of the day activities across trading, surveillance, clearing and settlement were completed in line with the regular schedule.