MCX Revises Trading Hours Effective March 10 Due to US Daylight Saving Time
The Multi Commodity Exchange (MCX) has announced revised trading hours, set to take effect on March 10, 2025, in response to the changes in U.S. daylight saving time. This adjustment ensures alignment with international market timings and facilitates smoother trading operations.
SEBI Directive and MCX Circular
This decision is in accordance with the directive issued by the Securities and Exchange Board of India (SEBI) under Circular No. SEBI/HO/CDMRD/DMP/CIR/P/2018/146, dated November 30, 2018. It also follows MCX's earlier circular released on September 27, 2024.
Revised Trading Hours for Commodities
The revised trading hours are as follows:
- Non-Agri Commodities: 9:00 AM – 11:30 PM (Client code modification allowed until 11:45 PM)
- Select Agri Commodities (Cotton, Cotton Oil & Kapas): 9:00 AM – 9:00 PM (Modification until 9:15 PM)
- All Other Agri Commodities: 9:00 AM – 5:00 PM (Modification until 5:15 PM)
Impact on Market Operations
The adjustment in trading hours is expected to impact traders and investors dealing in commodities on the MCX. It is crucial for market participants to take note of these changes to ensure timely execution of trades and modifications.
Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.
0 comments:
Post a Comment