A working day after suspending it indefinitely, the Multi Commodity Exchange (MCX) has declared that the new buying and selling software program will go reside on July 27.
The upgraded software program will come with the attribute to acknowledge negative bids. In get to familiarise traders and associates with the the new software program, MCX had executed mock buying and selling from July 11-18. Based on the request from associates one more mock buying and selling session will be executed on July 25 just before likely reside with the new software program, stated the exchange in a statement.
On Friday, the exchange had decided not to go reside with its new software program from July 20 and stated it will converse the new date by a independent circular. The exchange lately attracted investors’ wrath for settling its April crude agreement at negative ₹2,884 a barrel, leading to a decline of ₹435 crore.
It advised all associates to actively take part in the mock buying and selling to stay away from any concerns when the new buying and selling software program goes reside.
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