New Delhi, April 1 -- National Stock Exchange (NSE) on Wednesday, April 1, announced a collaboration with Indian Gas Exchange (IGX) to introduce exchange-traded derivatives based on natural gas traded and delivered on the IGX platform.
As part of this collaboration, NSE will launch Indian natural gas derivative contracts based on IGX's benchmark Price Index GIXI (Gas IndeX of India). The contracts will be designed to reflect domestic gas market dynamics, with pricing linked to actual trades on the IGX platform.
More to come.
Published by HT Digital Content Services with permission from MINT....
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