Iran Energy Exchange; Taking Steps Forward
By Mahdi Goodarzi & Mojde Rezaee
Introduction
As a self-disciplined commodity exchange with the possibility of physically trading energy carriers, including oil, gas and electricity along with commodity-based securities, Iran Energy Exchange (IRENEX) was established in 2011 licensed by the High Council of Securities & Exchange as the fourth official exchange of the country and as a public company under the supervision of the Securities & Exchange Organization.
The IRENEX has 3 main sections of Physical, Derivatives and Side markets, whose sub-markets along with the current and future instruments can be seen in the table below: