Abaxx Technologies Inc.
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Abaxx to Launch Enwex United Kingdom Onshore Wind Futures on December 12, 2025
Globenewswire· 2025-12-05 12:55
Core Insights - Abaxx Technologies Inc. is launching its Enwex United Kingdom Onshore Wind (UWM) futures contract on December 12, 2025, pending regulatory review, expanding its weather-indexed futures offerings [1][2] - The UWM futures contract is designed to manage weather-driven volume risk in the UK power market, which is heavily influenced by wind generation [2][3] - This launch follows the introduction of German Wind futures in November, indicating a strategic expansion into major European wind markets [3] Company Overview - Abaxx Technologies is focused on building Smarter Markets through improved tools, benchmarks, and technology to address societal challenges, including the energy transition [3] - The company is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [4] - Abaxx Exchange provides critical market infrastructure for a low-carbon economy through centrally-cleared futures contracts in various commodities [5] Product Details - The UWM futures contract is a pound sterling-denominated, financially-settled product indexed to the Enwex Wind United Kingdom, translating wind speed into standardized generation utilization rates [2] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, supporting secure electronic transactions and physical delivery for gold futures contracts [6] Market Impact - The introduction of weather-indexed benchmarks like UWM strengthens the foundation for hedging renewable generation risk in wind-dependent power systems [2][3] - Abaxx's initiatives aim to meet the commercial needs of today's commodity markets while establishing new global benchmarks [5]
Stellar Trading Systems and Abaxx Exchange Partner to Expand Market Access
Globenewswire· 2025-12-01 00:00
Core Insights - Abaxx Technologies has completed full connectivity with Stellar Trading Systems, allowing global trading clients to access Abaxx's commodity futures contracts through Stellar's platforms [1][2] - The integration enhances access to Abaxx's suite of commodity futures contracts, including a physically-deliverable, USD-denominated gold futures contract in Singapore [3][4] - This partnership aims to expand the commercial ecosystem around Abaxx's growing suite of futures contracts and improve trading performance for institutions and brokers [4][7] Company Overview - Abaxx Technologies is focused on building smarter markets through better tools and technology, addressing challenges such as the energy transition [5][6] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [6] - Abaxx Exchange provides critical market infrastructure for a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in various commodities [7][8] Trading Infrastructure - Stellar Trading Systems offers low latency solutions that connect to Abaxx's commodity futures contracts, enhancing trading capabilities for firms already active in related markets [2][3] - The integration allows trading firms to extend their activities to Abaxx's futures benchmarks, leveraging Stellar's established infrastructure for trading battery materials and precious metals [3][4] - The collaboration aims to deliver a high-performance trading environment that meets the demands of speed, precision, and reliability for market participants [4]
Abaxx Exchange Granted Registration as a Foreign Board of Trade by U.S. CFTC, Enabling Direct Participation by U.S. Futures Firms
Globenewswire· 2025-11-25 20:39
Core Insights - Abaxx Technologies Inc. has received registration as a Foreign Board of Trade (FBOT) from the U.S. Commodity Futures Trading Commission (CFTC), allowing U.S.-based futures commission merchants, brokers, and trading firms to access Abaxx Exchange's regulated markets directly for the first time [1][2] Group 1: Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore, which owns the Abaxx Commodity Exchange and Clearinghouse [1][8] - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [7] Group 2: Market Expansion - The FBOT registration is a significant milestone for Abaxx, marking the opening of its physically-deliverable futures markets to the largest derivatives trading community globally, thus enhancing participation in its benchmark contracts [2][5] - Abaxx's suite of centrally-cleared commodity futures and derivatives is designed to improve price discovery and risk management for commodities essential to the transition to a lower-carbon economy, including energy, environmental, battery materials, and precious metals [3][9] Group 3: Unique Offerings - Abaxx Exchange features unique products such as the only physically-backed LNG forward curves, U.S. dollar-denominated gold kilobar futures contracts based in Singapore, and lithium carbonate benchmarks outside China [4][9] - The exchange also offers financially-settled contracts indexed to the utilization of installed wind capacity in Germany, addressing practical challenges in price discovery, hedging, and risk management [4][9] Group 4: Industry Response - Industry leaders have expressed positive sentiments regarding Abaxx's FBOT registration, highlighting the increased access for U.S. commercial players to engage with commodity benchmarks anchored in real physical trade flows [5][6]
Abaxx Technologies Inc. Added to MSCI Canada Small Cap Index - Abaxx Techs (OTC:ABXXF)
Benzinga· 2025-11-24 12:00
Core Insights - Abaxx Technologies Inc. has been included in the MSCI Canada Small Cap Index, effective November 24, 2025, marking a significant milestone for the company [1][3] - The MSCI Canada Small Cap Index represents approximately 14% of the free float-adjusted market capitalization in Canada, serving as a widely referenced benchmark in the financial industry [2] Company Overview - Abaxx Technologies is focused on building Smarter Markets through enhanced tools, benchmarks, and technology to address societal challenges, including the energy transition [4] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Exchange and Abaxx Clearing, and has wholly owned subsidiaries including Abaxx Spot Pte. Ltd. and Adaptive Infrastructure [5] Market Infrastructure Development - Abaxx Exchange provides essential market infrastructure for the transition to a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals [6] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [7] Post-Trade Infrastructure - Adaptive Infrastructure addresses gaps in post-trade infrastructure by offering a unified custodial foundation across environmental markets and digital title assets, regulated by the Financial Services Commission of Barbados [8]
Abaxx Technologies Inc. Added to MSCI Canada Small Cap Index
Globenewswire· 2025-11-24 12:00
Core Insights - Abaxx Technologies Inc. has been included in the MSCI Canada Small Cap Index, effective November 24, 2025, marking a significant milestone for the company [1][3][11] - The MSCI Canada Small Cap Index represents approximately 14% of the free float-adjusted market capitalization in Canada, serving as a widely referenced benchmark in the financial industry [2] Company Overview - Abaxx Technologies is focused on building advanced market infrastructure and technology aimed at addressing major societal challenges, including the energy transition [4][6] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse, and operates subsidiaries such as Abaxx Spot Pte. Ltd. and Adaptive Infrastructure [5][6] Business Developments - The company is generating revenue through its exchange, which features the only physically-backed LNG forward curves trading globally, and is launching a Digital Title pilot program involving tokenized gold and other assets [3][6] - Abaxx Exchange provides critical market infrastructure for a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in various commodities [6][8] Innovations and Services - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [7] - Adaptive Infrastructure addresses gaps in post-trade infrastructure by offering custodial services across environmental markets and digital title assets, enhancing reliability and reducing risk [8]
Gunvor Executes First Enwex German Onshore Wind Futures Block Trade on Abaxx Exchange
Globenewswire· 2025-11-17 14:25
Core Insights - Abaxx Technologies Inc. has executed its first Enwex German Onshore Wind (GWM) futures block trade on November 17, 2025, marking a significant milestone in the renewable energy derivatives market [1][2] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][6] - The company aims to build smarter markets through better tools, benchmarks, and technology to address societal challenges, including the energy transition [5] Industry Impact - The first trade of the Enwex German Onshore Wind Futures contract, brokered by TP ICAP, involved 10 lots traded at EUR 28.45/hour, demonstrating the potential for exchange-listed products to manage renewable generation risk [2][3] - The contract is designed to provide a practical way for market participants to hedge against wind variability, thus enhancing market transparency, efficiency, and liquidity [3][4] Product Details - The Enwex German Onshore Wind (GWM) Futures are euro-denominated and financially settled, indexed to a forecast-based wind speed index that translates wind speed into standardized generation utilization rates [4] - Trading for these futures is available from 1000 to 2400 SGT, Monday to Friday, excluding Singapore public holidays [4] Strategic Partnerships - The inaugural trade involved collaboration with Gunvor International B.V. and clearing services provided by ADM Investor Services Singapore, KGI Securities, and Marex, highlighting the importance of partnerships in enhancing market liquidity [2][3]
Abaxx Provides Q3 2025 Corporate Update
Globenewswire· 2025-11-17 12:00
Core Insights - Abaxx Technologies Inc. reported significant operational milestones and execution of its business strategy in Q3 2025, with a notable increase in trading volumes and participant connectivity [9][11][13] Commercial Development - Trading in Gulf of Mexico (GOM) and North Pacific Asia (NPA) LNG Futures increased by 83% in September compared to August, totaling 9,486 contracts traded in Q3, equivalent to 27 physical cargoes [7][11] - Gold Singapore (GKS) Futures saw a total of 54,128 contracts traded through September 30, 2025, following a 242% month-over-month increase in July and a 167% increase in September [7][12] - The number of connected participants grew by 88% quarter-over-quarter, exceeding 150 firms, while connectivity with market makers and liquidity providers rose by 93% to 29 firms [7][13] Exchange Product Development - Abaxx launched its first weather derivatives, Enwex German Wind (GWM) Futures, on November 14, 2025, following the completion of contract specifications and operational preparations [19] - Continued development on silver market solutions and cash-settled LNG contracts to enhance risk management tools [20][18] Risk and Regulatory Development - The application to the U.S. Commodity Futures Trading Commission (CFTC) for recognition as a Foreign Board of Trade (FBOT) is under review, with ongoing engagement [10][20] - Clearing rule amendments were implemented to allow the use of multiple currencies for cash collateral, starting with the euro [10][14] Systems and Operations Development - System capacity was increased by approximately 150% to support growth in daily trading activity, alongside advancements in multi-currency settlement and collateralization features [17][14] - Integration with market data vendors continued to enhance price visibility and transparency [17] Financial Highlights - Abaxx announced a US$22 million non-brokered private placement, closing on October 20, 2025, raising the cash balance to approximately CAD$52 million [28] - The company recorded its first revenue from Singapore operations in Q3 2025, totaling CAD$0.3 million [28]
Enwex German Wind Futures Now Live for Trading on Abaxx Exchange
Globenewswire· 2025-11-14 12:00
Core Viewpoint - Abaxx Technologies Inc. has launched the Enwex German Wind (GWM) Futures, marking the first exchange-listed benchmark for managing wind-generation variability through a financially settled futures contract indexed to Germany's installed capacity [1][2]. Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][6]. - The company aims to create smarter markets by providing better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [5]. Product Details - The Enwex German Wind (GWM) Futures contract is euro-denominated and financially settled, indexed to a forecast-based index that translates wind speed at 100m into standardized generation utilization rates, expressed in €/MWh [3][4]. - The trading hours for the GWM Futures are from 1000 to 2400 SGT, Monday to Friday, excluding Singapore public holidays [4]. Market Context - The introduction of weather derivatives like the GWM Futures is a response to the shift in market volatility from demand to supply due to the rapid expansion of wind generation [2]. - This contract provides a precise, exchange-cleared instrument for power market participants to hedge against the operational realities of renewable generation and manage wind variability [4].
ARTEX – Strategic Partnership with Abaxx Technologies
Globenewswire· 2025-11-13 12:12
Core Insights - ARTEX AG has formed a strategic partnership with Abaxx Technologies to enhance the regulated fine art markets in Europe and beyond [1][2] - The collaboration aims to modernize the trading, financing, and management of alternative and real-world assets within regulated environments [2][3] Company Overview - ARTEX AG operates ARTEX Global Markets, a regulated Multilateral Trading Facility (MTF) focused on fine arts, supervised by the Liechtenstein Financial Market Authority [1][6] - The company aims to democratize access to fine art investments, providing a platform for artworks from renowned masters [6] Partnership Objectives - The partnership will enhance market infrastructure technology and enable cross-platform integration, expanding presence in Europe, North America, and Asia [3][4] - The collaboration seeks to create a more efficient investment environment for fine art and real assets, leveraging Abaxx's digital market infrastructure [4] Market Context - The global art market is valued at approximately $2.5 trillion, with a significant portion of assets held privately, indicating a need for improved liquidity and transparency [4][5] - ARTEX's regulated platform and Abaxx's technology aim to unlock new asset classes and facilitate the introduction of tradable futures products [4]
Abaxx Technologies Acquires Strategic Position in ARTEX AG, Extending Capabilities in Europe and to New Markets in Fine Art
Globenewswire· 2025-11-13 12:00
Core Insights - Abaxx Technologies Inc. has acquired a strategic position in ARTEX AG, the first regulated trading venue for fine art, enhancing its market infrastructure and technology capabilities [1][2][3] Investment Details - Abaxx will acquire two tranches of zero-coupon convertible debentures from ARTEX, convertible into up to 10% of ARTEX's common shares on a fully diluted basis, with a deemed conversion price of USD$1,000,000 per approximately 1% of shares [4][5] - The second tranche of the investment is expected to close around January 2026 [5] Strategic Partnership - The cooperation agreement between Abaxx and ARTEX aims to create a new regulated financial market for fine art, leveraging Abaxx's Digital Title and ID++ technology [2][6] - This partnership will provide access to ARTEX's network of institutional partners, including European banks and asset managers, enhancing Abaxx's reach in Europe [6] Market Potential - The global art market is valued at approximately $2.5 trillion, characterized by its opacity and illiquidity, which the partnership aims to address [3][6] - The collaboration is expected to facilitate the development of tradeable futures contracts based on a transparent price index for fine art [2][3] About ARTEX - ARTEX Global Markets AG operates a regulated multilateral trading facility for fine art, enabling fractional ownership and real-time trading of artworks from various historical periods [7][8]