01-Apr-2026      11:52

NSE to roll out natural gas futures linked to IGX benchmark

The National Stock Exchange of India on 1 April 2026 announced a collaboration with Indian Gas Exchange to launch exchange-traded derivatives based on domestic natural gas prices.

As part of the partnership, NSE will introduce natural gas futures contracts linked to IGX's benchmark price index, GIXI (Gas Index of India), with pricing derived from actual trades on the IGX platform. The move is aimed at strengthening India's domestic gas market and providing participants with effective risk management tools.

The exchange has received approval from the Securities and Exchange Board of India to launch these contracts, with the rollout date to be announced.

The new derivatives will offer a transparent pricing mechanism and enable stakeholders across the gas value chain, including financial institutions and investors, to hedge price risks and participate in the domestic gas market.

The initiative is part of NSE's broader strategy to expand its commodity derivatives segment by introducing products linked to credible domestic benchmarks, while improving market efficiency and liquidity.

News source: Capital Market - Live News