July 8, 2025 4:19 PM
MCX to launch electricity futures contract starting July 10
Multi Commodity Exchange (MCX), India’s leading platform for trading commodity derivatives, on Tuesday announced that it will launch an electricity futures contract from July 10. This new offering aims to meet the growing demand for tools to help manage the risks associated with fluctuating electricity prices. Praveena Rai, Managing Director and CEO of MCX, said the new contract would play an important role in deepening India’s energy markets and making them more structured. She added tha...