MCX, IEX inks licensing settlement to launch electricity derivatives

MCX, IEX inks licensing settlement to launch electricity derivatives

by admin- Friday, October 30th, 2020 03:50:22 PM

Multi-Commodity Exchange of India (MCX) and Indian Energy Exchange Ltd. (IEX), entered into a licensing settlement to launch Electricity derivatives connected
to IEX spot energy costs on MCX buying and selling platform, problem to essential approvals from the authorities of India and the concerned regulators. This shall lay the foundation for a vibrant power derivatives market within the united states of america.

The launch of energy derivatives shall offer an effective threat control avenue and help the price chain members to hedge fee dangers and shield their sales margins. With this India shall also be part of a select institution of evolved nations which give energy derivatives on an alternate platform.

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