Core Viewpoint - Abaxx Technologies Inc. has announced the launch of the Enwex German Wind (GWM) Futures, the first wind futures contract based on Enwex indices in Germany, set to be available for trading on November 14, 2025 [1][2]. Group 1: Product Overview - The GWM Futures are the first financially-settled contracts indexed to the utilization of installed wind capacity in Germany, providing a standardized benchmark for managing weather-related volume risk in renewable power generation [2][3]. - The contract is euro-denominated and indexed to the Enwex Wind Germany, which translates wind speed at 100m into standardized generation utilization rates expressed in €/MWh [2]. Group 2: Strategic Importance - The partnership with Enwex aims to apply meteorological data to practical risk management in renewable power markets, addressing the growing influence of weather on price and performance in energy markets [3]. - As renewable generation becomes more significant in Europe’s power mix, the GWM Futures contract is expected to strengthen the link between financial and physical energy markets, enhancing liquidity and supporting robust risk management across the energy ecosystem [3]. Group 3: Company Background - Abaxx Technologies is focused on building smarter markets through better tools, benchmarks, and technology to address societal challenges, including the energy transition [4]. - The company is the majority shareholder of Abaxx Singapore, which owns the Abaxx Exchange and Abaxx Clearing, and is involved in developing financial technologies for secure and efficient trading [5][6].
Abaxx Will Expand Environmental Product Suite with Launch of Enwex German Wind Futures on November 14, 2025
Globenewswire·2025-11-06 22:00