MCX, IEX; MCX to Launch Electricity Derivatives in 2025-Bloomberg 4 New Product Segment: MCX plans to introduce electricity derivatives, expanding beyond commodities like metals and energy. Market Deepening: Adds a new risk management tool for power sector players and traders. Complementary to IEX: May create synergy or competition with IEX, the leading power exchange. Global Alignment: Follows trends in developed markets where electricity futures are actively traded. Volume & Revenue Potential: Could boost MCX volumes, revenue, and valuation if traction builds. Net Impact: Positive for MCX (diversification & growth potential); neutral to slightly negative for IEX (competitive overlap).