Incorporated in November 2003, MCX refers to Multi Commodity Exchange of India which offers trading of commodity derivative contracts in various segments including bullion like gold and silver; base metals such as aluminum, copper, lead, nickel, zinc; energy products such as crude oil and natural gas; and agricultural products such as cotton, crude palm oil, kapas, mentha oil and rubber.
MCX uses the benchmark, known as the MCX India Commodity Indices – iCOMDEX – under which a series of indices track to track the performance of the stock market. The others are NIFTY 50 managed by the National Stock Exchange (NSE) and Sensex by the Bombay Stock Exchange (BSE).
This calendar year, MCX has listed 16 trading holidays and 13 clearing and settlement holidays. However, trading in MCX shares on other days will take place as usual during normal market hours from 9:00 a.m. to 5:00 p.m. (morning session) as well as the evening session which lasts until 11:30 p.m./11:55 p.m. (IST ).
We have compiled a list of MCX holidays to help you plan your trading on the stock exchange.
MCX Clearing and Settlement Holidays for Calendar Year 2022
MCX Holidays for Calendar Year 2022
MCX Market Calendar
Investors can buy and sell shares on the MCX in two separate sessions as follows:
- Morning session: The session on MCX starts at 9 a.m. and lasts until 5 p.m., during which time traders can place trades in securities including bullion, base metals, and energy commodities.
- Evening session: During In the evening session, trading hours for traders to place an order in bullion, metals and energy commodities last until 11:30 p.m./11:55 p.m. For international traders placing orders on agricultural commodities, the hours are available until 9:00 p.m./9:30 p.m. Trading times for this session are revised semi-annually with reference to US Daylight Savings Time. This means that trading hours close at 11:30 p.m. in summer and 11:55 p.m. in winter according to Indian Standard Time (IST).
Frequently Asked Questions (FAQ)
Can MCX change or modify holidays?
The exchange may change, modify or even announce a new holiday in advance via a separate circular.
What is Muhurat Trading Timeline?
Can I trade commodities such as oil and grains on the MCX?
Can I trade futures and options (F&O) on the MCX?