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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]
Abaxx to Launch Enwex United Kingdom Onshore Wind Futures on December 12, 2025
Globenewswire· 2025-12-05 12:55
Core Insights - Abaxx Technologies Inc. is launching its Enwex United Kingdom Onshore Wind (UWM) futures contract on December 12, 2025, pending regulatory review, expanding its weather-indexed futures offerings [1][2] - The UWM futures contract is designed to manage weather-driven volume risk in the UK power market, which is heavily influenced by wind generation [2][3] - This launch follows the introduction of German Wind futures in November, indicating a strategic expansion into major European wind markets [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 [3] - The company is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [4] - Abaxx Exchange provides critical market infrastructure for a low-carbon economy through centrally-cleared futures contracts in various commodities [5] Product Details - The UWM futures contract is a pound sterling-denominated, financially-settled product indexed to the Enwex Wind United Kingdom, translating wind speed into standardized generation utilization rates [2] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, supporting secure electronic transactions and physical delivery for gold futures contracts [6] Market Impact - The introduction of weather-indexed benchmarks like UWM strengthens the foundation for hedging renewable generation risk in wind-dependent power systems [2][3] - Abaxx's initiatives aim to meet the commercial needs of today's commodity markets while establishing new global benchmarks [5]
Abaxx Exchange Granted Registration as a Foreign Board of Trade by U.S. CFTC, Enabling Direct Participation by U.S. Futures Firms
Globenewswire· 2025-11-25 20:39
Core Insights - Abaxx Technologies Inc. has received registration as a Foreign Board of Trade (FBOT) from the U.S. Commodity Futures Trading Commission (CFTC), allowing U.S.-based futures commission merchants, brokers, and trading firms to access Abaxx Exchange's regulated markets directly for the first time [1][2] Group 1: 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][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] Group 2: Market Expansion - The FBOT registration is a significant milestone for Abaxx, marking the opening of its physically-deliverable futures markets to the largest derivatives trading community globally, thus enhancing participation in its benchmark contracts [2][5] - Abaxx's suite of centrally-cleared commodity futures and derivatives is designed to improve price discovery and risk management for commodities essential to the transition to a lower-carbon economy, including energy, environmental, battery materials, and precious metals [3][9] Group 3: Unique Offerings - Abaxx Exchange features unique products such as the only physically-backed LNG forward curves, U.S. dollar-denominated gold kilobar futures contracts based in Singapore, and lithium carbonate benchmarks outside China [4][9] - The exchange also offers financially-settled contracts indexed to the utilization of installed wind capacity in Germany, addressing practical challenges in price discovery, hedging, and risk management [4][9] Group 4: Industry Response - Industry leaders have expressed positive sentiments regarding Abaxx's FBOT registration, highlighting the increased access for U.S. commercial players to engage with commodity benchmarks anchored in real physical trade flows [5][6]
Abaxx Technologies Inc. Added to MSCI Canada Small Cap Index - Abaxx Techs (OTC:ABXXF)
Benzinga· 2025-11-24 12:00
Core Insights - Abaxx Technologies Inc. has been included in the MSCI Canada Small Cap Index, effective November 24, 2025, marking a significant milestone for the company [1][3] - The MSCI Canada Small Cap Index represents approximately 14% of the free float-adjusted market capitalization in Canada, serving as a widely referenced benchmark in the financial industry [2] Company Overview - Abaxx Technologies is focused on building Smarter Markets through enhanced tools, benchmarks, and technology to address societal challenges, including the energy transition [4] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Exchange and Abaxx Clearing, and has wholly owned subsidiaries including Abaxx Spot Pte. Ltd. and Adaptive Infrastructure [5] Market Infrastructure Development - Abaxx Exchange provides essential market infrastructure for the transition to a low-carbon economy, offering 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, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [7] Post-Trade Infrastructure - Adaptive Infrastructure addresses gaps in post-trade infrastructure by offering a unified custodial foundation across environmental markets and digital title assets, regulated by the Financial Services Commission of Barbados [8]
Abaxx Technologies Inc. Added to MSCI Canada Small Cap Index
Globenewswire· 2025-11-24 12:00
Core Insights - Abaxx Technologies Inc. has been included in the MSCI Canada Small Cap Index, effective November 24, 2025, marking a significant milestone for the company [1][3][11] - The MSCI Canada Small Cap Index represents approximately 14% of the free float-adjusted market capitalization in Canada, serving as a widely referenced benchmark in the financial industry [2] Company Overview - Abaxx Technologies is focused on building advanced market infrastructure and technology aimed at addressing major societal challenges, including the energy transition [4][6] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse, and operates subsidiaries such as Abaxx Spot Pte. Ltd. and Adaptive Infrastructure [5][6] Business Developments - The company is generating revenue through its exchange, which features the only physically-backed LNG forward curves trading globally, and is launching a Digital Title pilot program involving tokenized gold and other assets [3][6] - Abaxx Exchange provides critical market infrastructure for a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in various commodities [6][8] Innovations and Services - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [7] - Adaptive Infrastructure addresses gaps in post-trade infrastructure by offering custodial services across environmental markets and digital title assets, enhancing reliability and reducing risk [8]
Enwex German Wind Futures Now Live for Trading on Abaxx Exchange
Globenewswire· 2025-11-14 12:00
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].
ARTEX – Strategic Partnership with Abaxx Technologies
Globenewswire· 2025-11-13 12:12
Core Insights - ARTEX AG has formed a strategic partnership with Abaxx Technologies to enhance the regulated fine art markets in Europe and beyond [1][2] - The collaboration aims to modernize the trading, financing, and management of alternative and real-world assets within regulated environments [2][3] Company Overview - ARTEX AG operates ARTEX Global Markets, a regulated Multilateral Trading Facility (MTF) focused on fine arts, supervised by the Liechtenstein Financial Market Authority [1][6] - The company aims to democratize access to fine art investments, providing a platform for artworks from renowned masters [6] Partnership Objectives - The partnership will enhance market infrastructure technology and enable cross-platform integration, expanding presence in Europe, North America, and Asia [3][4] - The collaboration seeks to create a more efficient investment environment for fine art and real assets, leveraging Abaxx's digital market infrastructure [4] Market Context - The global art market is valued at approximately $2.5 trillion, with a significant portion of assets held privately, indicating a need for improved liquidity and transparency [4][5] - ARTEX's regulated platform and Abaxx's technology aim to unlock new asset classes and facilitate the introduction of tradable futures products [4]
Abaxx Will Expand Environmental Product Suite with Launch of Enwex German Wind Futures on November 14, 2025
Globenewswire· 2025-11-06 22:00
Core Insights - Abaxx Technologies Inc. is launching the Enwex German Wind (GWM) Futures, the first wind futures contract based on Enwex indices in Germany, available for trading on November 14, 2025 [1][2] - The GWM Futures are financially settled contracts indexed to the utilization of installed wind capacity in Germany, providing a standardized benchmark for managing weather-related volume risk in renewable power generation [2][3] - The partnership with Enwex aims to apply meteorological data to risk management in renewable power markets, addressing the growing influence of weather on energy pricing and performance [3] Company Overview - Abaxx Technologies focuses on building Smarter Markets through improved tools, benchmarks, and technology to address societal challenges, including the energy transition [4] - The company is the majority shareholder of Abaxx Singapore, which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [5] - Abaxx Exchange provides market infrastructure for a low-carbon economy through centrally-cleared futures contracts in various commodities, including LNG, carbon, and precious metals [6] Product Development - The Enwex German Wind Futures contract is euro-denominated and indexed to Enwex Wind Germany, translating wind speed at 100m into standardized generation utilization rates expressed in €/MWh [2] - The introduction of this contract is expected to enhance liquidity and support robust risk management across the energy ecosystem, particularly as renewable generation becomes more significant in Europe's power mix [3]
Abaxx Will Expand Environmental Product Suite with Launch of Enwex German Wind Futures on November 14, 2025
Globenewswire· 2025-11-06 22:00
Core Viewpoint - Abaxx Technologies Inc. has announced the launch of the Enwex German Wind (GWM) Futures, the first wind futures contract based on Enwex indices in Germany, set to be available for trading on November 14, 2025 [1][2]. Group 1: Product Overview - The GWM Futures are the first financially-settled contracts indexed to the utilization of installed wind capacity in Germany, providing a standardized benchmark for managing weather-related volume risk in renewable power generation [2][3]. - The contract is euro-denominated and indexed to the Enwex Wind Germany, which translates wind speed at 100m into standardized generation utilization rates expressed in €/MWh [2]. Group 2: Strategic Importance - The partnership with Enwex aims to apply meteorological data to practical risk management in renewable power markets, addressing the growing influence of weather on price and performance in energy markets [3]. - As renewable generation becomes more significant in Europe’s power mix, the GWM Futures contract is expected to strengthen the link between financial and physical energy markets, enhancing liquidity and supporting robust risk management across the energy ecosystem [3]. Group 3: Company Background - Abaxx Technologies is focused on building smarter markets through better tools, benchmarks, and technology to address societal challenges, including the energy transition [4]. - The company is the majority shareholder of Abaxx Singapore, which owns the Abaxx Exchange and Abaxx Clearing, and is involved in developing financial technologies for secure and efficient trading [5][6].