Sebi probes MCX’s over 4-hour trading disruption on October 28

Markets regulator Sebi is investigating a four-and-a-half-hour trading disruption on MCX, India’s largest commodities exchange. The incident, caused by a system parameter limit for Unique Client Codes exceeding its threshold, delayed operations. If found at fault, MCX could face financial penalties up to 20% of its average profit over the last two years.