Thursday, May 2, 2024

MCX extends software support.

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India (Commonwealth)_ Exciting news, my dear friends! We have some delightful tidings from the Multi Commodity Exchange of India (MCX) and their long-standing software support provider, 63 moons technologies. Prepare for a tale of determination, dedication, and a touch of digital magic!

MCX, India’s pioneering listed exchange, has decided to embark on a new adventure, striving to enhance its trading platform to provide a seamless experience for all its stakeholders. However, as with any grand endeavor, challenges were encountered during the transition process. Fear not, for MCX is committed to ensuring a smooth migration and has extended their partnership with the talented folks at 63 moons technologies.

With the stroke of a pen, MCX has granted 63 moons the honor of extending their software support services for another six months, starting from July 1st. In recognition of their exemplary work, the contract has been renewed at a considerable sum of Rs 125 crore per quarter, totaling a remarkable Rs 250 crore for the entire duration. Such is the trust and belief MCX has in the capabilities of 63 moons!

Now, I must reveal a fascinating fact—this is not the first time MCX has sought the assistance of 63 moons. No, no! This marks the third occasion they have turned to their old friends for support. Despite having selected a new technology service provider last year, MCX encountered difficulties during the transition. But fear not, dear friends, for 63 moons has come to the rescue, offering MCX the option to purchase the software source code for self-use. Oh, the kindness and generosity!

63 moons, the founders and well-wishers of MCX, are overjoyed to be of service once again. They eagerly anticipate deploying their exceptional team of exchange technology engineers to create thrilling opportunities in this new digital world. For the past 20 years, their technology exchange engine has been the heart and soul of MCX, tirelessly operating for 16 hours each day, connecting traders and facilitating online transactions of commodity derivatives.

MCX, ever committed to improvement and dedicated to its stakeholders, has recently faced the need to cancel a few mock trading sessions to ensure the stability of their new platform. But fret not, my friends, for the extension of the software support contract signifies a renewed determination to overcome these challenges and provide a trading experience that is nothing short of extraordinary.

Let us wish MCX the best of luck on their new experiments and endeavors, believing wholeheartedly that they will reach their desired destination someday. 63 moons, with their hearts filled with goodwill, stands beside MCX as they venture into the uncharted realms of innovation and progress.

So, my friends, let’s celebrate this delightful news together and applaud the unwavering spirit of MCX and their trusted ally, 63 moons technologies. May their partnership be as harmonious as the melodies of the cosmos, as they work tirelessly to create a reliable and robust trading platform for all who seek to embrace the wonders of the market.

Cheers to MCX, 63 moons, and the exciting journey that lies ahead!

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