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Abaxx Exchange Partners with ipushpull to Deliver Real-Time Market Data Directly into Microsoft Excel
Globenewswire· 2026-02-09 12:30
Core Insights - Abaxx Technologies Inc. has partnered with ipushpull to integrate exchange market data into Microsoft Excel, enhancing accessibility for trading firms [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 Abaxx Commodity Exchange and Clearinghouse [1][8] - The company aims to build smarter markets by providing better tools and technology to address significant societal challenges, including the energy transition [7][9] Partnership Details - The integration allows trading firms to access both historical and real-time market data directly within their existing Excel workflows, facilitating risk management and position monitoring [2][3] - The partnership is designed to enhance operational efficiency and client service by delivering mission-critical pricing and trade data seamlessly [3][5] Technology and Services - ipushpull offers a Data-as-a-Service platform that enables real-time data delivery into various client applications, including chat and Excel, thereby improving data distribution and reducing manual workflows [5][6] - The platform is characterized by its low-code/no-code capabilities, allowing for rapid and cost-effective operational improvements for clients [6] Market Position - Abaxx Exchange is positioned to support the transition to a low-carbon economy by providing centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG and carbon [9] - The company also modernizes physical gold trading through its Abaxx Spot platform, which facilitates secure electronic transactions and supports physical delivery for gold futures contracts [10][11]
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 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]
MineHub Completes Initial Integration of Abaxx Verifier+
Newsfile· 2025-10-22 12:00
Core Insights - The integration between MineHub Technologies Inc. and Abaxx Technologies Inc. aims to facilitate real-time title transfers for in-transit shipments of non-ferrous metals, marking a significant step in their collaboration announced in September [1][2][3] - This initiative is designed to connect physical trade documentation with financial systems, enhancing liquidity and capital efficiency in commodity markets [2][3] Company Overview - MineHub Technologies is a provider of digital supply chain solutions for commodity markets, focusing on improving efficiency, resilience, and sustainability in raw material supply chains [10] - Abaxx Technologies is a financial software and market infrastructure company, aiming to create smarter markets through better tools and technology, particularly in the context of the energy transition [4][5] Technical Integration - The first technical integration of Abaxx's Verifier+ identity application with the MineHub platform has been completed, laying the groundwork for a pilot program [1][2] - This integration is expected to demonstrate how trusted ownership records can enhance collateral efficiency in the metals trade [3] Market Potential - The collaboration is positioned to unlock a USD 50 trillion opportunity by connecting real-world assets to modern collateral and settlement systems [3] - The pilot program will engage prospective market participants to explore commercial use cases and shape the future of digital title transfers in commodity markets [3]
Abaxx Confirms Growing Trading Activity in its North Pacific-Asia (NPA DAP) and US Gulf of Mexico (GOM FOB) LNG Futures
Globenewswire· 2025-10-21 11:30
Core Insights - Abaxx Technologies Inc. has reported continued growth and trading activity in its LNG Futures contracts, specifically in the Gulf of Mexico (GOM FOB) and North Pacific-Asia (NPA DAP) markets [1][2][3] Trading Activity - Trading volume for NPA DAP Futures reached 690 lots in the week ending October 17, 2025, while GOM FOB Futures increased to 2,394 lots [2] - Total LNG trading volume rose over 80% from August to September, with ongoing growth in October [2] Total Trading Volume - Since launch, total trading volume across GOM FOB and NPA DAP LNG Futures has reached 14,042 lots, equivalent to approximately 140,420,000 MMBtu or $1.6 billion USD in notional value, representing around 40 LNG cargoes [3] Market Infrastructure - Abaxx's LNG contracts provide regional price signals for terminals that account for over 80% of global LNG import capacity, offering reliable forward curves aligned with actual physical trade flows [3][4] - The contracts are designed to help commercial participants manage regional price exposure and improve price discovery across their LNG supply chains [4] Contract Specifications - All contracts are USD-denominated, 10,000 MMBtu futures, with GOM Futures listed on an FOB basis and NPA and NWE contracts listed on a DAP basis [5] Company Overview - Abaxx Technologies aims to create smarter markets through better tools and technology, addressing challenges such as the energy transition [6][8] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [7]
Abaxx Announces Closing of US$22 Million Strategic Financing
Globenewswire· 2025-10-20 22:15
Core Viewpoint - Abaxx Technologies Inc. has successfully closed a non-brokered private placement financing, raising US$22 million through the issuance of 1,000,000 units at a price of US$22.00 per unit [1][2]. Financing Details - Each unit consists of one common share and one half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at US$25.00 until April 20, 2028 [2]. - The financing is subject to final approval from Cboe Canada, and all securities issued will be subject to a four-month hold period under Canadian securities laws [4]. Use of Proceeds - The proceeds from the financing are intended for general corporate and working capital purposes, including funding ongoing operations of Abaxx Exchange and Clearing, product listings, pilot programs for Abaxx Private Digital Title technology, and meeting regulatory requirements [3]. Company Overview - Abaxx Technologies is focused on creating Smarter Markets through improved tools and technology, addressing significant societal challenges such as the energy transition [6]. - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [7]. Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in various commodities [8]. - 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 [9].
Abaxx Announces $30.7 Million Strategic Financing
Globenewswire· 2025-09-30 10:30
Core Viewpoint - Abaxx Technologies Inc. has announced a non-brokered private placement financing with a strategic investor, aiming to raise CAD$30.7 million through the issuance of 1,000,000 units at USD$22.00 per unit [1][3]. Financing Details - Each unit consists of one common share and one half of a share purchase warrant, with the full warrant allowing the purchase of an additional share at USD$25.00 for thirty months [2]. - The warrants include a call provision for the company to redeem them at USD$0.01 if the share price exceeds USD$30.00 for 20 consecutive trading days [2]. Use of Proceeds - Proceeds from the financing will be allocated for general corporate purposes, including funding operations of Abaxx Exchange and Clearing, product listings, pilot programs for Abaxx Private Digital Title technology, and hiring [3]. Closing Timeline - The financing is expected to close around October 15, 2025, pending formal documentation and regulatory approvals [4]. Strategic Importance - The financing is seen as a pivotal moment for Abaxx, coinciding with increased trading volumes and validation of its technology vision, which is expected to enhance hiring, product expansion, and network onboarding [5]. - The company emphasizes the commercialization of its proprietary Abaxx Digital Title platform, which aims to address the tokenization of over USD$50 trillion in financial assets [5]. Company Overview - Abaxx Technologies focuses on developing financial technologies that enhance market infrastructure, particularly in the context of a low-carbon economy, through its exchange and clearinghouse operations [6][8]. - The company is also involved in modernizing physical gold trading through its Abaxx Spot platform, which supports secure electronic transactions and physical delivery [9].
Abaxx Announces Results of 2025 Annual Meeting of Shareholders
Globenewswire· 2025-09-11 21:45
Company Overview - Abaxx Technologies Inc. is a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., which owns Abaxx Commodity Exchange and Clearinghouse [1][4] - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [3] Shareholder Meeting Results - The annual meeting of shareholders was held virtually on September 11, 2025, with 17,183,123 common shares represented, accounting for 49.96% of the total issued shares [1] - Shareholders voted to set the number of directors at seven, with 99.9% voting in favor [2] - All seven proposed directors were elected, with notable votes in favor for each nominee, such as W. Scott Leckie receiving 99.5% support [2] Financial and Operational Highlights - KPMG LLP was appointed as auditors for the upcoming year, with 99.9% of votes in favor [2] - Abaxx Exchange is focused on providing market infrastructure for a low-carbon economy through futures contracts in LNG, carbon, battery materials, and precious metals [5] - 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 [6]
Abaxx Facilitates Delegation from China City Gas Association to Strengthen Cross-Border Collaboration in Asia’s Natural Gas and Energy Markets
Globenewswire· 2025-08-27 23:30
Core Viewpoint - Abaxx Technologies Inc. is facilitating cross-border cooperation in the natural gas and energy sectors between China and Singapore, focusing on sustainability and innovation in energy markets [1][2][3]. Group 1: 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 by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [5]. Group 2: Delegation and Discussions - A high-level delegation from the China City Gas Association (CCGA) visited Singapore to discuss opportunities for enhancing cooperation in the natural gas and energy sectors [1][2]. - The discussions included key issues related to sustainability and innovation in Asia's energy markets, emphasizing the importance of public-private partnerships [2][3]. Group 3: Energy Market Insights - The program highlighted the growing demand for cleaner energy solutions in Asia, particularly the adoption of carbon-neutral LNG and biogas integration [3][4]. - Abaxx Exchange's CEO noted the complexities of the energy transition and the need for efficient market signals to support sustainable decision-making [4]. Group 4: Strategic Importance of Singapore - Singapore is positioned as Asia's energy trading hub, attracting energy companies globally due to its talent, trade financing, and shipping services [4]. - The CCGA delegation recognized Singapore's strengths in LNG and financial markets as valuable for China's gas sector modernization [4].