MCX stands for the Multi-commodity Exchange of India Limited. Being the first registered exchange in India, MCX provides a comprehensive platform for online trading, risk control, settlement and clearing of commodity derivative trades.
Multi-Commodity Exchange, abbreviated as MCX, functions five days a week (Monday-Friday). Like BSE and NSE, even MCX does not remain open on all Saturdays. While morning sessions are held between 10:00 a.m. to 5:00 p.m., evening sessions occur between 5:00 p.m. to 11:55 p.m. The exchange revises its evening trading session twice a year in sync with the US daylight savings time. During summer, evening session closes at 11:30 p.m. and during winter, it closes at 11:55 p.m.
MCX has announced the list of MCX trading holidays in 2019. The list includes certain regional public holidays and the national holidays. Both morning and evening sessions remain closed on the national holidays. As MCX is based in Mumbai, India, Maharashtra Day is an MCX holiday. The following list is useful to you if you are a trader of agricultural and non-agricultural commodities.
List Of MCX Holidays 2019
|Date||Day||Holiday||Morning session||Evening session|
|1 January 2019||Tuesday||New Year’s Day||Open||Closed|
|26 January 2019||Saturday||Republic Day||Closed||Closed|
|4 March 2019||Monday||Mahashivaratri||Closed||Closed|
|21 March 2019||Thursday||Holi||Closed||Closed|
|14 April 2019||Sunday||Ambedkar Jayanti||Closed||Closed|
|17 April 2019||Wednesday||Mahaveer Jayanti||Closed||Closed|
|19 April 2019||Friday||Good Friday||Closed||Closed|
|1 May 2019||Wednesday||Maharashtra Day||Closed||Open|
|5 June 2019||Wednesday||Eid ul-fitr||Closed||Closed|
|12 August 2019||Monday||Bakrid Id||Closed||Open|
|15 August 2019||Thursday||Independence Day||Closed||Closed|
|2 September 2019||Monday||Ganesh Chaturthi||Closed||Open|
|10 September 2019||Tuesday||Muharram||Closed||Open|
|2 October 2019||Wednesday||Mahatma Gandhi Jayanti||Closed||Closed|
|7 October 2019||Monday||Dussehra||Closed||Open|
|28 October 2019||Monday||Diwali Balipratipada||Closed||Open|
|9 November 2019||Saturday||Id-E-Milad||Closed||Open|
|12 November 2019||Tuesday||Guru Nanak Jayanti||Closed||Open|
|25 December 2019||Wednesday||Christmas||Closed||Closed|
Timings for trading agricultural commodities on MCX
- Agricultural commodities can be traded between 10:00 am and 5:00 pm on all working days (Monday to Friday).
Timings for trading non-agricultural commodities on MCX
- Non-agricultural commodities can be traded between 10:00 am and 11:30 pm during summer and 11:55 during winter.
About Multi-commodity Exchange of India (MCX)
MCX is a comprehensive commodity derivatives exchange, which commenced its operations in the month of November 2003. The functioning of the exchange is regulated by Securities and Exchange Board of India (SEBI). The exchange facilitates trading commodity derivative contracts across a vast range of industry segments. Currently, 669 registered members and 51,575 certified individuals are associated with the exchange that has presence in 1,200 plus cities in India. The ultimate objective of MCX is to foster societies, which are extremely important for the further advancement of its operations.
Products of MCX
The products offered by MCX are of four types: bullion, base metals, energy and agricultural commodities. The product category of bullion consist silver, gold, silver mini, silver 1000, gold mini, gold metal, gold guinea, etc. Zinc, nickel, aluminum, brass, lead, nickel mini, zinc mini and nickel mini are included under the category of base metals. MCX’s energy section encompasses natural gas, unrefined oil and crude oil mini. The agricultural commodities offered by the exchange include mentha oil, cotton, black pepper, cardamom and crude-palm oil.
Importance Of Making A Note Of MCX Holidays 2019
Online traders, who make a note of MCX holidays 2019, can plan trading activities in advance. MCX holidays remain the same for all types of investors across all states. They differ from bank holidays. On an MCX holiday, investors can neither place a new order nor close an existing order. So, referring to the holiday list is advantageous.
Overview Of Multi-commodity Exchange of India (MCX)
COMEX is a comprehensive commodity derivatives exchange. It began its operations in the month of November 2003. Securities and Exchange Board of India (SEBI) regulates the functioning of MCX, which facilitates trading commodity derivative contracts across a huge range of industry lines. MCX has its presence in more than 1,200 cities in India and has a network of 669 listed members and 51,575 certified individuals. The exchange is aimed at fostering societies, which are extremely important for the further advancement of its operations.
MCX offers an extensive range of products, which can be clubbed into 4 categories: bullion, base metals, energy and agricultural commodities. The bullion category includes silver, gold, silver mini, silver 1000, gold mini, gold metal, gold guinea etc. The category of base metals includes zinc, nickel, aluminum, brass, lead, nickel mini, zinc mini and nickel mini. The energy section includes natural gas, unrefined oil and crude oil mini. Finally, the agricultural commodities provided by MCX include mentha oil, cotton, black pepper, cardamom and crude-palm oil.
List Of MCX Holidays 2018
MCX operates five days a week, i.e., Monday – Friday, and remains closed on all Saturdays, Sundays and holidays announced by the exchange for a particular calendar year. The following table summarises the MCX holidays 2018:
|Festival Name||Date||Day||Morning session||Evening session|
|New Year Day||01 January 2018||Monday||Open||Remains closed|
|Republic Day||26 January 2018||Friday||Remains closed||Remains closed|
|Mahashivaratri||13 February 2018||Tuesday||Remains closed||Open|
|Holi||02 March 2018||Friday||Remains closed||Open|
|Mahavir Jayanti||29 March 2018||Thursday||Remains closed||Open|
|Good Friday||30 March 2018||Friday||Remains closed||Remains closed|
|Tuesday||O1 May 2018||Tuesday||Remains closed||Open|
|Independence Day||15 August 2018||Wednesday||Remains closed||Remains closed|
|Bakri ID||22 August 2018||Wednesday||Remains closed||Open|
|Ganesh Chaturthi||13 September 2018||Thursday||Remains closed||Open|
|Muharram||20 September 2018||Thursday||Remains closed||Open|
|Gandhi Jayanti||02 October 2018||Tuesday||Remains closed||Remains closed|
|Dussehra||18 October 2018||Thursday||Remains closed||Open|
|Diwali (Lakshmi Pooja)||07 November 2018||Wednesday||Remains closed||Open|
|Diwali (Balipratipada)||08 November 2018||Thursday||Remains closed||Open|
|Guru Nanak Jayanti||23 November 2018||Friday||Remains closed||Open|
|Christmas||25 December 2018||Tuesday||Remains closed||Remains closed|
Note: Morning session takes place between 10:00 a.m. to 05:00 p.m. whereas evening session is between 05:00 p.m. to 11:55 p.m. The timing of evening trading session will be revised twice a year in order to conform to confront to the US daylight savings time. Usually, evening session closes at 11:30 p.m. during the summer and 11:55 p.m. during the winter season.
MCX Holidays That Fall On Saturdays And Sundays 2018
|15 March 2018||Sunday||Ram Navami|
|14 April 2018||Saturday||Dr B R Ambedkar Jayanti|
|16 June 2018||Saturday||Ramzan ID|
Commodity And Exchange (COMEX) Holidays 2018 (Trading Holidays – International Markets)
|Dr Martin Luther King, Jr Birthday||15 January 2018||COMEX|
|President’s Day||19 February 2018||COMEX|
|Good Friday||30 March 2018||COMEX|
|Memorial Day||28 May 2018||COMEX|
|Independence Day||04 July 2018||COMEX|
|Labor Day||03 September 2018||COMEX|
|Columbus Day||08 October 2018||COMEX|
|Veteran’s Day||12 November 2018||COMEX|
|Thanksgiving Day||22 November 2018||COMEX|
|Christmas Day||25 December 2018||COMEX|
|New Year’s Eve||01 January 2019||COMEX|
The aforementioned dates of regional public and restricted holidays have been taken from the most authenticated and latest references. There is a possibility that the holiday dates for certain Islamic festivals and the festivals of other communities may be revised later on. We are not responsible under such circumstances.