IEX Shares Surge Ahead of Crucial APTEL Market Coupling Hearing Today

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CNBC Awaaz•09-01-2026, 07:04
IEX Shares Surge Ahead of Crucial APTEL Market Coupling Hearing Today
- •A crucial hearing in the IEX vs CERC market coupling case is scheduled for today, January 9, 2026, at APTEL.
- •IEX challenged CERC's July 2025 order mandating market coupling in the Day-Ahead Market (DAM) from January 2026.
- •CERC's initial order led to a 30% drop in IEX shares due to fears of diminished price discovery role for power exchanges.
- •IEX shares surged 14% on January 6, 2026, after CERC's lawyer's arguments, indicating investor optimism for a potential relaxation of the order.
- •Today's hearing is vital for IEX's future and the power market structure, though a final decision may take weeks.
Why It Matters: Today's APTEL hearing on market coupling is critical for IEX's future and the power market, with shares already showing volatility.
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