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]

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]

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].