Core Insights - Abaxx Technologies Inc. is launching the Enwex German Wind (GWM) Futures, the first wind futures contract based on Enwex indices in Germany, available for trading on November 14, 2025 [1][2] - The GWM Futures are 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 partnership with Enwex aims to apply meteorological data to risk management in renewable power markets, addressing the growing influence of weather on energy pricing and performance [3] Company Overview - Abaxx Technologies focuses on building Smarter Markets through improved tools, benchmarks, and technology to address societal challenges, including the energy transition [4] - The company is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [5] - Abaxx Exchange provides market infrastructure for a low-carbon economy through centrally-cleared futures contracts in various commodities, including LNG, carbon, and precious metals [6] Product Development - The Enwex German Wind Futures contract is euro-denominated and indexed to Enwex Wind Germany, translating wind speed at 100m into standardized generation utilization rates expressed in €/MWh [2] - The introduction of this contract is expected to enhance liquidity and support robust risk management across the energy ecosystem, particularly as renewable generation becomes more significant in Europe's power mix [3]
Abaxx Will Expand Environmental Product Suite with Launch of Enwex German Wind Futures on November 14, 2025
Globenewswire·2025-11-06 22:00