What happened Brad Katsuyama?

Katsuyama remains chairman of the IEX board.

Who owns IEX?

The Indian Energy Exchange (IEX) is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). IEX started its operations on June 27, 2008.

How does IEX make money?

IEX’s primary revenue sources include transaction fees (about 84% of revenues) and annual subscription fees (5% of revenues). Since the commencement of its business in 2008, the trading volume on its exchange has been increasing at a staggering rate of over 32% CAGR.

How does IEX exchange make money?

IEX kicked off its listings unit, in which corporations pay fees to an exchange for services tied to being its primary trading venue, in 2017 after receiving approval from the Securities and Exchange Commission.

How many stocks are on IEX?

Stats

	#
Unique Symbols Traded	11,178
Average Daily Symbols Traded	8,202
% Shares Traded in Blocks	4.26%
Broker Members	153

Why is there no promoter in IEX?

Currently, IEX is a professionally managed company and does not have an identifiable promoter in terms of the SEBI ICDR Regulations and the Companies Act, 2013. Consequently, it does not have a ‘promoter group’ in terms of the SEBI ICDR Regulations.

How does IEX earn money?

IEX is the first and the largest energy exchange in India. It allows for trading of electricity on its platform just like NSE and BSE allow trading of stocks. IEX’s primary revenue sources include transaction fees (about 84% of revenues) and annual subscription fees (5% of revenues).