Mudra Soft Trade

What Is The Indian Energy Exchange? 5 Things To Know About The Newest Stock Exchange In India

The Indian energy sector is expected to see considerable growth over the next decade. In this high-growth environment, independent and liquid secondary marketplaces have become a necessity for actors to access capital. Therefore, in December 2017, the Union Cabinet approved the establishment of the Indian Energy Exchange (IEX)—a stock exchange for trading in listed securities and derivatives of energy companies operating in India. This new stock exchange will provide a mechanism for capital allocation within the sector by allowing investors to trade shares in public companies that operate in the energy space. This blog takes a look at some key things you need to know about IEX as it undergoes its first phase of operation starting on April 6, 2018.