Multi Commodity Exchange of India (MCX) and European Energy Exchange AG (EEX) have entered into a Memorandum of Understanding (MoU), with the objective of knowledge sharing and exchanging of expertise on electricity derivative products.
This MoU will facilitate cooperation between the two exchanges in areas such as knowledge sharing, education & training and organizing events in the domain of electricity derivatives.
MCX, the leading commodity bourse, largely offers futures trading in nonagricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
