IEX Share Price Down 9.4% Today: Latest News on IEX Share

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There might be no one in the stock and trading profession who is not aware of IEX (Indian Energy Exchange).

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Indian Energy Exchange Share hit very badly and the price fell 9.4% today. 

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Dominance in Danger IEX was in dominance for many years. But now its dominance is in danger which is because of Market coupling.

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Challenges Market Coupling is going to challenge IEX's dominance. However, IEX holds an 84% share of what we call now power trading.

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What is Market coupling? Energy markets use a powerful system to establish a single price for electricity across all the available trading platforms. This system is known as Market Coupling.

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Government Pushing Market Coupling The Indian government is clear about the vision of Market Coupling advancement in India and implementing effective plans.

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Different Prices in Power Exchanges There are three power exchanges available in India and IEX is one of them. However, Electricity cost is a little bit different on these power exchanges.

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