TCS’s new trading software to take at least 3 to 4 months to complete, says MCX
Even as MCX decided not to renew its software contract with 63 Moons after September 30, the commodity bourse expects glitch-free trading till its transition to a new trading platform from TCS over the next three-four months. Meanwhile, 63 Moons Technologies, the trading platform vendor to the exchange, in exchange filings said, "MCX will be taking a huge risk by being confident of not facing any technical/software glitches after September 30, when their contract ends along with service support and that in the event of…