Indian Energy Exchange’s (IEX) wholly owned subsidiary -- Indian Gas Exchange (IGX) has introduced market-friendly features including improved auction methodology aimed at enhancing the ease of trade for market participants.
The move is aimed at enhancing ease of trade for market participants and allowing them the price and volume visibility across hubs. The new trading features would encourage greater participation on the Exchange and help to build gas markets.
IEX is India’s first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.