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Enwex Netherlands, France and Spain Wind Futures Now Live for Trading on Abaxx Exchange
Globenewswire· 2026-02-27 12:00
Core Viewpoint - Abaxx Technologies Inc. has launched trading for Enwex Netherlands, France, and Spain Onshore Wind futures, providing standardized tools to manage wind generation risk across major European renewable markets [1][2]. Group 1: Product Launch and Features - The newly introduced wind futures contracts are designed to hedge against the variability in electricity output caused by wind generation, which affects revenue and utilization for market participants [2]. - Each contract is euro-denominated, financially settled, and indexed to the respective Enwex Wind country index, which measures forecast wind conditions at 100 meters and expresses standardized generation utilization rates in €/MWh [3]. - Trading for these contracts is available from 1000 to 2400 SGT, Monday to Friday, excluding Singapore public holidays [4]. Group 2: Market Impact and Infrastructure - The introduction of wind futures across six major power markets establishes a consistent set of weather-indexed benchmarks, facilitating reference pricing for wind generation variability across different jurisdictions [4]. - Abaxx Exchange aims to support the transition to a low-carbon economy by providing market infrastructure that includes centrally-cleared, physically-deliverable futures contracts in various commodities [7]. Group 3: Company Overview - Abaxx Technologies focuses on creating smarter markets through improved tools, benchmarks, and technology to address significant societal challenges, including the energy transition [5]. - The company is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot, a platform for modernizing physical gold trading [6].
Abaxx Exchange Completes First Physical Delivery Under Gold Singapore Futures Contract
Globenewswire· 2026-02-24 12:00
First physical delivery validates the Company's integrated gold market infrastructure in SingaporeTORONTO and SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), StoneX Financial Pte. Ltd. ("StoneX"), a subsidiary of StoneX G ...
Abaxx Broadens European Wind Futures Coverage with Enwex Netherlands, France and Spain Futures Contracts
Globenewswire· 2026-02-11 12:00
Launching February 27, 2026, the new contracts extend Abaxx’s weather-indexed wind benchmarks across Europe’s major renewable power systemsTORONTO, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and pro ...
Abaxx Digital Title Pilots Achieve T+0 Collateral Mobilization for Gold and Yield-Bearing Securities
Globenewswire· 2026-02-10 12:00
Abaxx’s proprietary market infrastructure innovation demonstrates that identity-anchored digital instruments can deliver T+0 finality and capital efficiency while reducing the regulatory risks and cross-jurisdictional ownership uncertainties inherent in blockchain tokenizationTORONTO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner ...
Abaxx Exchange Partners with ipushpull to Deliver Real-Time Market Data Directly into Microsoft Excel
Globenewswire· 2026-02-09 12:30
Core Insights - Abaxx Technologies Inc. has partnered with ipushpull to integrate exchange market data directly into Microsoft Excel, enhancing the workflow for trading firms [1][2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns 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][9] Partnership Details - The integration allows trading firms to access both historical and real-time market data from Abaxx Exchange directly within their existing Excel spreadsheets, facilitating risk pricing, position monitoring, and exposure management [2][3] - The partnership is designed to enhance operational efficiency and client service by delivering mission-critical pricing and trade data seamlessly into the tools that clients already use [3][5] Technology and Services - ipushpull offers a Data-as-a-Service platform that enables real-time data delivery into various client applications, including chat and Excel, while replacing inefficient manual workflows [5][6] - The platform is characterized by its low-code/no-code capabilities, allowing for rapid and cost-effective transformation of operational efficiency for clients [6] Market Position - Abaxx Exchange is positioned to support the transition to a low-carbon economy by providing centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG, carbon, and precious metals [9] - The company also modernizes physical gold trading through a co-located spot and futures market, enhancing security and efficiency in electronic transactions [10][11]
Abaxx Exchange Partners with ipushpull to Deliver Real-Time Market Data Directly into Microsoft Excel
Globenewswire· 2026-02-09 12:30
Core Insights - Abaxx Technologies Inc. has partnered with ipushpull to integrate exchange market data into Microsoft Excel, enhancing accessibility for trading firms [1][2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns Abaxx Commodity Exchange and Clearinghouse [1][8] - The company aims to build smarter markets by providing better tools and technology to address significant societal challenges, including the energy transition [7][9] Partnership Details - The integration allows trading firms to access both historical and real-time market data directly within their existing Excel workflows, facilitating risk management and position monitoring [2][3] - The partnership is designed to enhance operational efficiency and client service by delivering mission-critical pricing and trade data seamlessly [3][5] Technology and Services - ipushpull offers a Data-as-a-Service platform that enables real-time data delivery into various client applications, including chat and Excel, thereby improving data distribution and reducing manual workflows [5][6] - The platform is characterized by its low-code/no-code capabilities, allowing for rapid and cost-effective operational improvements for clients [6] Market Position - Abaxx Exchange is positioned to support the transition to a low-carbon economy by providing centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG and carbon [9] - The company also modernizes physical gold trading through its Abaxx Spot platform, which facilitates secure electronic transactions and supports physical delivery for gold futures contracts [10][11]
Enwex ERCOT Onshore Wind Futures Now Live for Trading on Abaxx Exchange
Globenewswire· 2026-02-06 12:30
Core Insights - Abaxx Technologies has launched Enwex ERCOT Onshore Wind (EWM) futures, marking the expansion of its weather-indexed markets into the U.S. [2][3] - The EWM contract provides a hedge against weather-driven volume fluctuations and grid curtailments, specifically targeting wind-related risks [3][4] - Texas, leading the U.S. in wind power production, accounts for approximately 25% of the nation's wind energy, making ERCOT a significant market for wind energy [4] Company Overview - Abaxx Technologies is focused on creating Smarter Markets through advanced tools and technology to address societal challenges, including the energy transition [5] - The company is the majority shareholder of Abaxx Singapore, which owns the Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [6] - Abaxx Exchange aims to facilitate the transition to a low-carbon economy by providing market infrastructure for various commodities, including LNG, carbon, and battery materials [7] Product Details - The EWM futures are available for trading from 1000 to 2400 SGT, Monday to Friday, excluding Singapore public holidays [4] - Abaxx Spot modernizes gold trading with a physically-backed gold pool in Singapore, enabling secure electronic transactions and supporting physical delivery for gold futures [8]
Abaxx to Launch First U.S. Weather Futures Contract with Enwex ERCOT Onshore Wind
Accessnewswire· 2026-01-30 12:00
Core Viewpoint - The introduction of the Enwex ERCOT futures contract by Abaxx Technologies aims to enhance the U.S. wholesale electricity market through weather-indexed benchmarks [1] Group 1 - The Enwex ERCOT futures contract will be available starting February 6, 2026 [1] - Abaxx Technologies Inc. is a financial software and market infrastructure company [1] - Abaxx is the indirect majority shareholder of Abaxx Singapore Pte Ltd. [1]
Abaxx Calls Warrants, Provides Corporate Update
Globenewswire· 2025-12-17 12:00
Core Viewpoint - Abaxx Technologies Inc. has exercised its right to call all 500,000 outstanding common share purchase warrants, which were issued during its October 2025 private placement financing, indicating a strategic move to enhance its financial position and liquidity [1][2]. Group 1: Warrants and Financial Position - The warrants can be redeemed at a price of C$0.01 each, with the redemption date set for January 16, 2026, contingent upon the daily VWAP of Abaxx's common shares exceeding C$41.76 for twenty consecutive trading days [2]. - If the warrants are fully exercised, Abaxx's cash and liquid assets would total approximately C$65.5 million, including C$35 million in mark-to-market securities as of the announcement date [2]. Group 2: Abaxx Exchange Update - Abaxx Exchange achieved its highest daily trading volume on December 10, 2025, with 3,976 lots traded across various commodities, reflecting increased market activity and onboarding of trading firms and brokers [3][8]. - The Exchange received Foreign Board of Trade (FBOT) registration, allowing U.S.-based futures commission merchants, brokers, and trading firms to access its regulated markets, which supports the expansion of its participant base [8]. Group 3: Corporate Highlights - Abaxx launched Enwex U.K. Onshore Wind futures, expanding its suite of weather-linked futures contracts [8]. - The company is focused on building smarter markets through better tools and technology, addressing challenges such as the energy transition [5][7].
Enwex U.K. Onshore Wind Futures Now Live for Trading on Abaxx Exchange
Globenewswire· 2025-12-12 12:16
Core Insights - Abaxx Technologies Inc. has launched the Enwex U.K. Onshore Wind (UWM) futures, marking the second contract in its weather derivatives suite, aimed at managing wind-generation variability in the U.K. market [1][2] - The U.K. contract is the first exchange-listed benchmark for U.K. wind generation, addressing the unique risk profile of a wind-dependent power market influenced by Atlantic weather patterns [2][4] - The contract is denominated in pound sterling and is indexed to a forecast-based index that translates wind speed into standardized generation utilization rates, expressed in £/MWh [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 [5] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Exchange and Abaxx Clearing, and is involved in developing digital market infrastructure [6][7] - Abaxx Exchange aims to facilitate the shift towards a low-carbon economy by providing centrally-cleared, physically-deliverable futures contracts across various commodities [7] Market Impact - The introduction of the U.K. wind futures is seen as a significant step towards increasing market accessibility and reflects Abaxx's commitment to developing weather markets [4][2] - The contract allows for the transfer of volumetric risk from renewable generation into exchange-traded products, enhancing market pricing and management capabilities [4][2] - The trading hours for the Enwex U.K. Onshore Wind futures are set from 1000 to 2400 SGT, Monday to Friday, excluding Singapore public holidays [4]