IEX share price: Understand ‘Market Coupling Approved’ before reacting to IEX stock price movement and making any decision
Synopsis
Indian Energy Exchange (IEX) suffered a dramatic stock plunge after regulators approved “market coupling” for electricity trading. This move consolidates bids from multiple power exchanges into a single clearing algorithm, aiming to align price discovery with the physical constraints of the grid. IEX, long dominant in the spot power trade, risks losing its key advantage: Liquidity-driven price discovery. While coupling promises efficiency and fairness, it threatens IEX’s dominance unless it pivots to value-added services. Or risk being disrupted by the very system it once dominated. So, if you think market coupling is a practice which only India has implemented, the answer is no. It is just the start, not the end.
On the…
