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By Rajesh Gajra The National Stock Exchange of India and Multi Commodity Exchange of India may both emerge winners in electricity futures trading which they are launching soon, said Narinder Wadhwa, the managing director at brokerage firm SKI Capital Services. In an exclusive interaction with Informist, Wadhwa, former president of Commodity Participants Association of India, said the energy market is too big with large number of participants like electricity producers, distributors, and consumers, who want the ability to hedge, and other participants like jobbers, speculators, and arbitrageurs who can provide intra-day liquidity.
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