MCX is a commodity derivatives exchange that was established in 2005. MCX is directed by the Securities and Exchange Board of India (SEBI). The exchange allows you to trade commodity derivative contracts from across the globe. MCX has a vast marketplace with over 650 members and more than 50,000 individuals have been certified to be part of the exchange.
The ultimate goal of MCX is to Foster societies that are vital for the future. If you want to trade in MCX you should be aware of the timings and the hours of operation. Check out the MCX trading time.
MCX Trading Time
|1.||Special Session||8:45 a.m.||8:59 a.m.||cancellation of orders, before the normal session|
|2.||Normal Session(March to November)||9:00 a.m.||11:30 p.m.||commodities trading takes place|
|3.||Normal Session(December to February)||9:00 a.m.||11:55 p.m.||commodities trading takes place|
|4.||MCX market timings for Agri commodities||9:00 a.m.||5:00 p.m.||major agricultural commodities are traded such as spices, cereals, pulses, oilseeds, rubber, fibers, etc.|
|5.||MCX market timings for Non – Agri commodities(March to November)||9:00 a.m.||11:30 p.m.||major agricultural commodities are traded such as Gold, silver, oil, and gas, etc. from March to November|
|6.||MCX market timings for Non – Agri commodities(December to February)||9:00 a.m.||11:55 p.m.||major agricultural commodities are traded such as Gold, silver, oil, and gas, etc. from December to February|
MCX Trading Special Session
During the Special Session, the cancellation of orders takes place. Before the opening of the market, a Special session is held to eliminate unfinished orders.
Timings:- 8:45 a.m. to 8:59 a.m.
Recommended: Best Share Market Books
MCX Trading Normal Session
In the Normal Session, commodities trading is done. Agri commodities and non-Agri commodities are traded till 05:00 p.m. and 11:30 p.m., respectively. From December to February, non-Agri commodities are traded till 11:55 p.m.
Timings: 09:00 a.m. to 11:30 p.m.
MCX Market Timings for Agri Commodities
Agri commodities comprise 12 percent of the total commodity trade. Agri. commodities are agricultural products that are not traded on exchanges. There are six exchanges in India where only major agricultural commodities are traded, including Indian spices, cereals, pulses, oilseeds, rubber, fibers like cotton and jute, dry fruits, etc.
The opening time of the trade: 9:00 a.m.
The closing time of the trade: 5:00 p.m.
Recommended: 15 Most Expensive Stocks in India
MCX Market Timings for Non-Agri commodities
Gold, silver, oil, and gas are all lucrative trades for commodities traders. These futures are mainly traded on large US.based exchanges that specialize in them and they are liquid.
These resources can be traded in the futures market, which is mostly financial traders who want to bet on prices rising or falling so they can make a profit.
Opening time of the trade: 9:00 a.m.
The closing time of the trade: 11:30 p.m. (March to November)
The closing time of the trade: 11:55 p.m. (December to February)
MCX Trading Working Days
The market runs only on weekdays; Monday to Friday. The weekends are the holidays for the market.
MCX remains closed on the gazetted holidays also.