PXIL celebrates its 12th anniversary with cumulative volume growth

Power Exchange India Limited (PXIL) completed its 12th anniversary on October 22, 2020. Since the jump-start of the day-ahead spot on August 25, 2020, there has been consistent participation on the exchange. In the term-ahead market segment, the cumulative volumes transacted in September 2020 stood at 472 MUs, resulting in a market share of 82 per cent. PXIL’s new trading platform, PRATYAY, has been able to integrate and offer services such as API integration, online KYC, GST invoicing module and dynamic contracts. A host of other features such as continuous trading in the intra-day segment are in the pipeline and will be offered to members on an ongoing basis.

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