NSE and IGX Partner to Launch India’s First Domestic Benchmark Natural Gas Derivatives
On April 1 2026, the National Stock Exchange of India (NSE), India’s leading stock exchange, announced a strategic collaboration with Indian Gas Exchange Limited (IGX), India’s first automated national-level gas trading platform, to launch India’s first exchange-traded natural gas derivatives based on a domestic benchmark, aimed at improving risk management in the gas market.
On April 1 2026, the National Stock Exchange of India (NSE), India’s leading stock exchange, announced a strategic collaboration with Indian Gas Exchange Limited (IGX), India’s first automated national-level gas trading platform, to launch India’s first exchange-traded natural gas derivatives based on a domestic benchmark, aimed at improving risk management in the gas market.
- The Securities and Exchange Board of India (SEBI) has approved the initiative, with the launch date to be announced soon.
About Natural Gas Derivatives Initiative:
Product: The NSE will introduce Indian Natural Gas Futures contracts based on the Gas IndeX of India (GIXI) developed by IGX, with pricing linked to actual trades on the IGX platform.
Benefits: The initiative will provide efficient risk management tools for producers, consumers, financial institutions, brokers, and investors, while enhancing market efficiency, liquidity, and transparency in India’s gas market.
IGX: Operating under the Petroleum and Natural Gas Regulatory Board (PNGRB), it facilitates natural gas trading and price discovery, supporting NSE’s expansion into domestically benchmarked commodity derivatives.
Sponsored Advertisement
No comments yet. Be the first!