In the niche area of power trading that hardly anyone knows, brand recognition is nothing. Even more nothing when the bulk of the producers and distributers and users are gov. entities.
I see this as a coup by gov entities to secure their own exchange via their exchange arrangements; best case scenario for IEX is to file cases and make coupling fail(quite how is another thing)
plannng to exit IEX, if there is no clarity on what the point of these exchanges are. I mean, someone goes to a great extent to set up Ebay for power(roughly speaking), picks up experience in power trading, shares with GOI and…
GOI decides, these are all suboptimal, I got a better idea and my gencos have enough money to set up their exchange. Bye and thanks for the data.
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