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ARTICLE · 14 APRIL 2026

MCX Circular: Information Sharing On Cybersecurity Incidents

The Multi Commodity Exchange of India Limited ("MCX" or "the Exchange") has, by way of Circular No. MCX/TECH/179/2026 dated April 6, 2026, issued a formal directive requiring...

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I. Background and Regulatory Context

The Multi Commodity Exchange of India Limited ("MCX" or "the Exchange") has, by way of Circular No. MCX/TECH/179/2026 dated April 6, 2026, issued a formal directive requiring all trading members to report Cyber Security Incidents for the quarter ending March 31, 2026. This directive is issued in exercise of the powers conferred upon the Exchange under its Rules, Bye-Laws, and Business Rules, and constitutes a continuation of a series of regulatory communications on the subject of cybersecurity governance, commencing with Circular No. MCX/TECH/524/2018 dated December 13, 2018.

The issuance of this Circular underscores the Exchange's sustained commitment to fortifying the cybersecurity framework governing commodity derivatives markets in India. It reflects a broader regulatory philosophy increasingly prevalent across financial market infrastructure that treats cyber resilience not merely as a technical obligation, but as a fundamental pillar of

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