MCX to launch new trading platform following termination of 63 Moons contract

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MCX to launch new trading platform following termination of 63 Moons contract
Credit: © Reuters.

The Multi Commodity Exchange (MCX) is set to inaugurate a new trading platform on Monday, October 3. This strategic move is expected to significantly impact the trading dynamics of the commodities market, especially for traders and investors who conduct their buying and selling activities on the MCX platform.

This development follows the termination of MCX's contract with tech firm 63 Moons on September 30, 2022. The termination marked a significant shift in trading dynamics for those engaged in the commodities market. This information was first unveiled by Zee Business, highlighting the importance of this change for various stakeholders.

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