December 4, 2023

Paull Ank Ford

Business Think different

MCX to launch new trading software from July 27

A working day immediately after suspending it indefinitely, the Multi Commodity Trade (MCX) has declared that the new investing application will go dwell on July 27.

The upgraded application arrives with the characteristic to settle for destructive bids. In buy to familiarise traders and customers with the the new application, MCX had performed mock investing from July eleven-18. Centered on the request from customers yet another mock investing session will be performed on July twenty five before going dwell with the new application, explained the trade in a statement.

On Friday, the trade had resolved not to go dwell with its new application from July twenty and explained it will connect the new date by a different circular. The trade just lately attracted investors’ wrath for settling its April crude agreement at destructive ₹2,884 a barrel, main to a reduction of ₹435 crore.

It advised all customers to actively take part in the mock investing to prevent any concerns when the new investing application goes dwell.