The Securities and Exchange Board of India (SEBI) is reviewing the recent trading glitch at the Multi-Commodity Exchange (MCX) that delayed the market opening by over 4 hours last Tuesday.

Speaking on the sidelines of the Morningstar Investment Conference on Tuesday, SEBI Chairman Tuhin Kanta Pandey said a “root cause analysis is underway” to determine the cause of the disruption, as such problems shouldn’t keep happening again and again.

SEBI’s standard operating procedure has specified the actions to be taken in case of such incidents, he said.

Tech change, new risks

Pandey also said rapid technological change, growing market interconnectedness, and rising investor expectations have created fresh complexities for financial intermediaries. This requires firms to safeguard sensitive cl

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