Multi Commodities Exchange to launch electricity futures on July 10
MCX, the country’s largest commodity exchange, will launch futures trading in electricity futures from July 10.
To start with, the exchange will have three contracts expiring in August, September and October. The basis price will be per Mwh and the trading unit will be 50 Mwh.
While the maximum trading order has been fixed at 50 times of trading unit,
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