SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 26 Mar, 2020  

mcx-sxTHMB.jpg MCX, NCDEX curtail trading hours from March 30 to April 14

mcx-sx.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 26 Mar, 2020
Commodity bourses Multi Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX) on Thursday announced that they would reduce their trading hours starting March 30 till April 14 in view of the nationwide COVID-19 lockdown.

As per the revised timings, trading would end at 5 p.m. in both the key exchanges. It would start at the usual time 9 a.m. Currently, trading hours for commodity exchanges ranges from 9 a.m. to 11.30 p.m.

"In view of the novel Covid-19 virus pandemic outbreak and the nationwide 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," MCX said in a circular.

The pre-open session for cancellation of orders will commence 15 minutes prior to trade start time and there will be no evening trade session available on April 2, 6 and 14, MCX said, adding that there will be no change in the staggered delivery tender period for any commodity.

Similarly, NCDEX in its circular said that pre-open session shall start at 8.45 a.m. and client code modifications will be allowed from 9 a.m. to 5.15 p.m.

"Members and clients are requested to further note that if there is any extension of revised trading timings beyond April 14, 2020, then the same will be informed through a separate circular," it said.

The 21-day lockdown announced by Prime Minister Narendra Modi on Tuesday to contain the spread of the coronavirus infection will end on April 14.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter