COMMODITY
MCX, ICEX curtail commodity trading hours amid nationwide lockdown
Mar-30-2020

In the wake of coronavirus pandemic, India’s commodity markets - the Multi Commodity Exchange (MCX) and the Indian Commodity Exchange (ICEX) have curtail their trading hours for the duration of the 21-day nationwide lockdown.

The commodity exchanges will open at the usual time of 9 am but will close at 5 pm, six hours earlier. The new timings kick in from March 30, 2020 to April 14, 2020. Earlier, the trading hours for commodity exchanges was 9 am to 11:30 pm.

The exchange further said that pre-open session for cancellation of orders with GTC/ GTD validity would commence 15 minutes prior to trade start time. Also, there would be no evening session (trading session) available on April 2, 6 and 14. Further, there will be no change in the staggered delivery tender period for any commodity.

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