Workflow
Infrastructure
icon
Search documents
Abaxx Introduces Smarter Markets for Precious Metals with the Launch of its Gold Kilobar Futures Contract and Abaxx Spot Gold Pool in Singapore
Globenewswire· 2025-06-12 11:00
Core Insights - Abaxx Technologies Inc. has launched a physically-deliverable Gold Kilobar Futures contract and a new gold trading platform, Abaxx Spot, in Singapore, aiming to enhance market infrastructure for precious metals [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 the Abaxx Commodity Futures Exchange and Clearinghouse [1][10] - The company focuses on building smarter markets through better tools, benchmarks, and technology to address societal challenges, including the energy transition [10] Product Launch - The Gold Kilobar Futures contract is USD-denominated, physically deliverable, and sized to 1-kilogram, 9999-purity bars, catering to Asia's bullion trade [3][6] - Abaxx Spot provides a secure platform for the transfer of physically-allocated gold, allowing registered participants to maintain title to an undivided interest in the gold held in appointed vaults [5][7] Market Impact - This launch represents the first co-located spot and futures infrastructure for gold, designed to reduce fragmentation in global gold markets and align trading practices with actual market operations [2][6] - The integrated infrastructure aims to address structural inefficiencies that separate global benchmarks from physical trade, with pricing traditionally anchored in New York and London [8][12] Trading Operations - Trading on the Abaxx Gold Singapore Futures contract is available 14 hours per day, Monday through Friday, providing a regionally anchored benchmark for price discovery and risk management [4][3] - The platform is designed for physical market participants, including bullion dealers and refiners, offering global access to kilobar gold trading without the complexities of traditional OTC markets [7][8]
Colt报告:逾68%已投资AI的香港企业每年相关支出逾25万美元
智通财经网· 2025-06-12 06:51
此外,尽管已投资人工智能的香港企业投资金额相对可观,不少香港本地企业却尚未开始投资与人工智 能相关的科技。研究显示,日本(90%)、美国(84%)、德国(69%)及英国(68%)的企业在本次研究中表示目 前正在投资人工智慧,比例高于其他所有受访市场。相比之下,目前仅42%的香港企业已投资人工智 能,不及60%的全球平均水平,低于美国和日本两个领先市场。 Colt 区域销售总监兼香港主管刘嘉凤表示,这项研究为我们提供了难得的机会,深入了解人工智能如何 重塑全球资讯科技发展,以及相关投资的优先事项对香港市场的影响。香港政府正积极推动香港成为全 球领先的人工智能枢纽,企业可把握机会大展拳脚。数据显示,42%的香港企业正在投资人工智能科 技,但相信这只是数码发展的起步。 智通财经APP获悉,日前,数码基础设施公司 Colt Technology Services 发布了最新《资讯科技优先策略 报告》。报告发现,目前投资人工智能(AI)的香港企业当中,超过68%公司每年于相关科技上花费25万 美元或以上,而超过四分之一(27%)香港企业的投资数字更介于75万美元至99万美元的较高范围内。与 此同时,27%的新加坡企业、 ...
上海清算所董事长马贱阳会见平安集团副总经理、首席财务官付欣一行
news flash· 2025-06-12 02:18
Group 1 - The meeting between Shanghai Clearing House Chairman Ma Jianyang and Ping An Group CFO Fu Xin focused on enhancing collaboration in centralized clearing business and exploring innovations in bond services [1] - Both parties emphasized the importance of strengthening cooperation in areas such as interest rate derivatives, bonds, commodity clearing, and risk management to support the goal of building a strong financial nation [1] - The discussion highlighted the aim to establish a model case of insurance asset management institutions becoming clearing members of Shanghai Clearing House, promoting high-quality financial development and better serving the real economy and national strategy [1]
Valmont Industries (VMI) 2025 Conference Transcript
2025-06-11 21:45
Valmont Industries (VMI) 2025 Conference June 11, 2025 04:45 PM ET Speaker0 Good afternoon, everyone. My name is David Kieran. I am part of the investment banking team at Wells Fargo Securities, and I'm pleased to be joined on the stage this afternoon with Valmont Industries, our time at the Wells Fargo Conference CFO, Executive Vice President and Chief Financial Officer, Tom Ligori and Senior Vice President of Investor Relations and Treasurer, Renee Campbell are here with us today. Thank you for joining us ...
Patria Investments (PAX) Update / Briefing Transcript
2025-06-11 15:32
Patria Investments (PAX) Update / Briefing June 11, 2025 10:30 AM ET Speaker0 I'm Robert Lee, Head of Shareholder Relations at Patria, and welcome to our PACS Talks, an investor driven deep dive into value creation in our infrastructure business. We're very happy to have with us today leading the q and a, Matt Cook. Matt is an investor at Potento Partners, which was founded in 2021 with a global long short strategy focused on small and mid cap businesses. Before Potento, Matt was a private equity and public ...
Select Water Solutions (WTTR) FY Conference Transcript
2025-06-11 15:00
Select Water Solutions (WTTR) FY Conference June 11, 2025 10:00 AM ET Speaker0 Morning everybody, my name is Earl Gergen, I'm here with Three Part Advisors, thank you all for coming to the conference. Up next we have Select Water Solutions traded on the NYSE under WTTR. On behalf of the company we have John Schmitz, Chairman and CEO. John? Speaker1 Yeah. Thank you very much for having us, and thanks for the interest today. As I said, I'm the Chairman and CEO. I founded the company in July. We took the compa ...
MasTec (MTZ) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-06-11 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What a ...
DMC Global Amends Credit Facility to Enhance Financial Flexibility
Globenewswire· 2025-06-11 12:00
Core Viewpoint - DMC Global Inc. has amended its credit facility to enhance financial flexibility in preparation for a potential acquisition of the remaining 40% stake in Arcadia Products, LLC, which the company currently does not own [1][2]. Financial Flexibility - The amendment allows for a temporary increase in DMC's maximum leverage ratio to 3.5x adjusted EBITDA for the first two quarters following the exercise of the put or call option, up from 3.0x [3]. - After the initial two quarters, the leverage ratio will decrease to 3.25x in the third quarter and return to 3.0x thereafter [3]. - Proceeds from the existing $50 million delayed draw term loan facility can now be held in a restricted account for future payment of the purchase price related to the put or call option [3]. Joint Venture Agreement - DMC's joint venture partner can exercise the put option starting September 6, 2026, while DMC can exercise the call option at any time [2]. Company Overview - DMC Global operates innovative, asset-light manufacturing businesses, including Arcadia, DynaEnergetics, and NobelClad, which serve various markets such as architectural building products and the global energy industry [5][6].
Vertiv Develops Energy-Efficient Cooling and Power Reference Architecture for the NVIDIA GB300 NVL72 Platform, Available as SimReady™ Assets in NVIDIA Omniverse Blueprint for AI Factory Design and Operations
Prnewswire· 2025-06-11 11:00
Core Insights - Vertiv has announced an energy-efficient cooling and power reference architecture for the NVIDIA GB300 NVL72 platform, supporting rack densities up to 142kW [1][3] - The collaboration with NVIDIA aims to develop AI infrastructure strategies that anticipate increased power densities in data centers [2][3] - The reference architecture is part of the Vertiv™ 360AI infrastructure platform, designed to optimize AI workloads and high-performance computing applications [3][4] Group 1: Product Features and Benefits - The reference architecture allows for faster scaling and digital optimization of AI-focused data centers before physical construction [3][5] - It delivers 1.5 times more AI performance, enables 50% faster on-site builds, and requires 30% less physical space [5] - The design supports liquid cooling and achieves up to 70% better annual energy efficiency through higher water temperatures [5] Group 2: Strategic Collaboration - Vertiv is working closely with NVIDIA to support 800 VDC data center power infrastructure for 1 MW IT racks, with solutions available starting in 2026 [2] - The partnership aims to enhance performance and sustainability in AI infrastructure, enabling organizations to meet demanding workloads [3] Group 3: Global Reach and Support - Vertiv operates in over 130 countries and is backed by more than 4,000 field service engineers globally, ensuring scalability and reliability for AI rollouts [5][6]
CoreWeave Is Up More Than 300% in Just 3 Months – But Could It Go Even Higher?
The Motley Fool· 2025-06-11 09:22
CoreWeave (CRWV -4.44%) went public in March and was one of the most anticipated IPOs of the artificial intelligence boom. It's also been one of the best-performing IPOs. CoreWeave went public at a price of $40 per share and as of this writing, the stock trades for more than four times that level. Although CoreWeave is losing money, this AI infrastructure company is growing at an incredible pace, and this has caused the stock to climb so high. Here I'll discuss what the company does, how the business is per ...