Trading Holiday: Why is commodities trading happening?


#1

Today being Shivratri is a trading holiday for MCX.

Given that commodity markets are internationally traded markets, it is obvious that other markets in the world will continue to trade them like any other day.

I notice in my Kite application that there are bids and trading is happening. Does this mean that I can also trade today?

What happens if I do trade today?


#2

Mcx is open for evening session (17:00 to 23:55 ) today. You can trade normally as any other day.


#3

Oh. Not to nitpick, but can I check this on MCX website?

Also, my intraday trades will get through and tallied at the end of the day?


#4

Yes it’s there on mcx website.

https://www.mcxindia.com/market-operations/trading-survelliance/trading-holidays

They have color coded morning and evening sessions. red+red= full day closed, red + blue = morning closed evening open. Yes your intraday trades will be executed as any other normal trading day.


#5

Thanks for quick response!


#6

You can add all the market/trading holidays to your Google calendar at once. Check this out. The good people of Zerodha have made our lives easier.