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]