Incorporated in 2007, Indian Energy Exchange Ltd (IEX) is a 'power exchange' offering trading in a range of electricity products in India. IEX Exchange is an online trading platform which is accessible to registered participants. It promotes efficient price discovery and the opportunity to trade in a variety of electricity products. In addition to trade execution, IEX also offers settlement services, including electronic trade confirmation, access to clearing services and risk management functionality. IEX holds 99.4% market share in DAM (Dayahead-market), 67.9% in TAM (Term-ahead-market) and 71.2% market share in RECs...