MCX: Smooth Day 1 trade with new software

The first day of trading on the Multi Commodity Exchange (MCX) with the new software developed by TCS went on smoothly till late evening, except for some initial delay in updating trade related information. As the day’s session progressed – which started at 10:45 am on Monday instead of the regular opening at 9 am – the MCX stock on the BSE rallied 5% to hit a new 52-week high at Rs 2,217 and closed at Rs 2,197.