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Abaxx Announces Fourth Quarter and Year-End 2025 Earnings and Business Update Call
Globenewswire· 2026-03-26 11:30
Core Insights - Abaxx Technologies Inc. will host a webcast on April 2, 2026, to discuss its fourth quarter and year-end 2025 financial results and provide updates on business and market development [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 Exchange and Clearinghouse [1][5] - The company aims to build smarter markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [4] Market Infrastructure - Abaxx Exchange offers critical market infrastructure for the transition to a low-carbon economy through 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, enabling secure electronic transactions and efficient OTC transfers [7] Adaptive Infrastructure - The company provides a unified custodial foundation across environmental markets and digital title assets, delivering institutional-grade custody, settlement, and transfer agency services [8]
Abaxx Futures Now Available Through TMX Trayport’s Joule Platform
Globenewswire· 2026-03-26 11:00
Core Viewpoint - Abaxx Technologies has launched its futures trading on TMX Trayport's Joule platform, enhancing trading capabilities for users in the energy and commodities markets [1][2]. Company Overview - Abaxx Technologies Inc. is a financial software and market infrastructure company, primarily focused on developing tools for commodity trading and risk management [1][7]. - The company is the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][8]. Product and Service Offering - Abaxx futures are now integrated into TMX Trayport's Joule platform, allowing traders to manage risk more effectively by accessing a broader range of tools [2][3]. - The Joule platform supports over 9,800 traders globally and facilitates cross-market trading and hedging strategies [2][5]. - Abaxx Exchange provides market infrastructure for low-carbon economy transitions through futures contracts in LNG, carbon, battery materials, and precious metals [9][10]. Market Impact - The integration of Abaxx futures into the Joule platform is expected to enhance price discovery and risk management for traders amid current market volatility [3]. - TMX Trayport facilitated over 620 million trades in 2025, indicating a robust trading environment that supports the new offerings from Abaxx [6].
Abaxx Exchange Reports Record Weekly Trading Volume
Globenewswire· 2026-03-23 11:00
Weekly trading volume rose 343% last week to a record 54,740 contracts, with 7 active markets and record gold and LNG trading volumesTORONTO, March 23, 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”), today announced that Abaxx Exchange reach ...
Abaxx Joins Singapore Bullion Market Association
Globenewswire· 2026-03-19 02:00
Core Viewpoint - Abaxx Technologies Inc. has joined the Singapore Bullion Market Association (SBMA) as a Local Associate Member, reflecting its growing involvement in the physical gold market and the expansion of its kilobar futures contract [1][3]. Group 1: Company Developments - Abaxx Singapore, a subsidiary of Abaxx Technologies, is the owner of the Abaxx Commodity Exchange and Clearinghouse, which aims to enhance market infrastructure for precious metals [1][6]. - The company has demonstrated the mobilization of physical gold as collateral, facilitating T+0 ownership transfer to support financing against vaulted inventory, addressing inefficiencies in a $47 billion segment of gold trade finance [3][4]. - Abaxx's integrated market infrastructure in Singapore is designed to align with Asia's physical trade, contributing to the development of smarter precious metals markets [4][5]. Group 2: Industry Context - The SBMA is a non-profit organization that represents various participants in the precious metals value chain, supporting Singapore's role as a regional hub for physical gold trading [2]. - The introduction of the Abaxx Gold Singapore futures contract aims to establish a physically deliverable benchmark for kilobar gold, enhancing hedging efficiency and connecting physical and derivatives markets within the Asian time zone [4][5]. - The SBMA welcomes Abaxx Exchange as a member, highlighting the importance of the new futures contract in strengthening gold market infrastructure in Asia [4].
Abaxx Joins Singapore Bullion Market Association
Globenewswire· 2026-03-19 02:00
Core Viewpoint - Abaxx Technologies Inc. has joined the Singapore Bullion Market Association (SBMA) as a Local Associate Member, reflecting its growing involvement in the physical gold market and the expansion of its kilobar futures contract [1][3][4] 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][6] - The company aims to build smarter markets through better tools and technology, addressing significant societal challenges such as the energy transition [5] Industry Context - The SBMA is a non-profit organization representing various participants in the precious metals value chain, supporting Singapore's role as a regional hub for physical gold trading [2] - The membership of Abaxx in SBMA aligns with the organization's goals to enhance Singapore's leadership in bullion services and market development [4] Market Developments - Abaxx's participation in the SBMA is indicative of its increasing role in the physical gold market, particularly with the growth of its kilobar futures contract [3] - The company has demonstrated the ability to mobilize physical gold as collateral, facilitating T+0 ownership transfer and addressing inefficiencies in the $47 billion gold trade finance segment [4] Strategic Initiatives - The newly launched Abaxx Gold Singapore futures contract aims to establish a physically deliverable benchmark for kilobar gold, supported by modernized title and transfer mechanisms [4] - Abaxx's integrated approach is expected to enhance hedging efficiency and connect physical and derivatives markets within the Asian time zone [4]
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 Broadens European Wind Futures Coverage with Enwex Netherlands, France and Spain Futures Contracts
Globenewswire· 2026-02-11 12:00
Core Viewpoint - Abaxx Technologies Inc. is expanding its weather-indexed wind futures offerings in Europe by launching new contracts for the Netherlands, France, and Spain, set to begin trading on February 27, 2026, pending regulatory review by the U.S. Commodity Futures Trading Commission [1][2] Group 1: Product Expansion - The new contracts will provide standardized, exchange-cleared tools for managing weather-driven volume risk in three of Europe's leading renewable power systems [2] - The Netherlands, France, and Spain Onshore Wind futures are euro-denominated and indexed to Enwex Wind country indices, which translate wind speed into standardized generation utilization rates expressed in €/MWh [2][3] Group 2: Market Context - In the first half of 2025, below-average wind conditions in Europe led to estimated revenue drops of 10% to 20% at wind farms in nearly half of the analyzed regions, highlighting the need for country-specific benchmarks [2] - The launch of these contracts completes a six-market set of wind benchmarks, enabling firms to implement multi-market hedging strategies for weather-driven risk across Europe [3] Group 3: Company Overview - Abaxx Technologies aims to build smarter markets by providing better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [4] - The company is also the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot, a platform for modernizing physical gold trading [5][6]
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].