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I have read about exchanging bishops for knights and inactive bishops for active one. I still don't know how to decide when both sides’ bishops are seemingly equally active. For instance, I have read that in the London system, Black should try to exchanging dark squared bishops because White supports
key target of e5. What about this position?

[FEN "rkq1n1rn/ppp1pbb1/3p2pp/5p2/3PP3/2P1NP2/PP4PP/RKQ1BBRN w - - 0 1"]

White could try exchanging light squared bishops with Bc4. Black would have to exchange, keep the tension, or do e6 and have his bishop trapped behind this pawn. If Black keeps the tension, it would be up to White to decide whether to also wait or exchange? Whom would benefit the exchange? Both bishops have the same open diagonal, the main difference to me is that Black's point toward White's king and not the other way around, but in the London system Black is advice to exchange his bishop, that targets White's king.

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This position is from an early stage of a 960 game where the pawn position has not yet stabilized and it has little in common with the London system. Both sides will probably need to move some more pawns to get their pieces out, since particularly the Rooks and Knights are clumsily placed. A plan for either player must be comprehensive, taking account of all the pieces, and could go in many directions, depending in part on what the opponent decides to do. At this stage of the game it would be a mistake to focus too narrowly on the Bishops

In the London system, White aims at establishing a slight advantage in space, giving him more freedom than Black to manoeuvre. Any exchange of pieces will ease that aspect of .Blacks problem, and often this is accomplished by playing ...d5,..e6, and ..Bd6. The downside (There is usually a downside) is that Black will be left with a light-square Bishop that is somewhat restricted by its own Pawns.

A situation often arises in the London system where the Bishops are on d6 and g3. In that situation Black usually should not exchange if he has already castled short and Whites Rook is still on h1. So the decision can depend on much more than the relative merits of the Bishops.

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In your diagrammed position Bc4 seeking a trade makes sense since the f1-a6 diagonal is not an active deployment of the Bishop, and Blacks Bishop pointing at a2 near the White king should not be tolerated.

Once the Bishops are on equal standing, the decision to trade or not then would be based on other factors. Basically answering your question of who would benefit. For example, after 1.Bc4 Blacks Knight on h8 would love for White to trade so he can get out of the corner. But let's say Black plays 1...e5? Now White should love 2.Bxf7 Nxf7 3.d5

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In general — this applies to every hypothetical exchange, not just that pictured — a materially-equal exchange (pawn for pawn, rook for rook, etc.) favors the side whose units develop or come forward with the recapture.

In the position given, 1. Bc4 Bxc4 2. Nxc4 should be good for White because his knight improved, but where's it going after that?

That bishop probably does better to develop to d3 with a threat.

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