MCX cuts trading hours to 5 pm from March 30 to April 14

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MCX has reduced trading time hours to 5pm from March 30 to April 14. In a press note, MCX said, “In view of the Novel Covid19 virus pandemic outbreak and the nation-wide lockdown of 21 days in the country and pursuant to discussions with SEBI, it has been decided to revise Trading timings, from Monday, March 30, 2020 to Tuesday, April 14, 2020, as under:

Particulars: For All Commodities
Trade Start Time: 09.00 AM
Trade End Time: 05.00 PM
Client Code Modification Session: 05.00 PM to 05.15 PM

The above timing shall be effective from Monday, March 30, 2020.

It further stated in a release, “Pre-open session for cancellation of orders with GTC/ GTD validity will commence 15 minutes prior to trade start time. Also, please note that there will be no evening session (trading session) available on April 2, 2020, April 6, 2020 and April 14, 2020. Further, there will be no change in the staggered delivery tender period for any commodity.”

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