India, April 1 -- National Stock Exchange of India has partnered with Indian Gas Exchange Ltd to introduce exchange-traded derivatives based on domestic natural gas prices.
Under this collaboration, NSE will launch natural gas futures contracts linked to IGX's benchmark index — Gas IndeX of India (GIXI), which reflects pricing derived from actual trades on the IGX platform.
The exchange said it has received approval from Securities and Exchange Board of India to roll out these contracts, with the launch date to be announced soon.
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