Core Insights - Abaxx Technologies Inc. reported significant operational milestones and execution of its business strategy in Q3 2025, with a notable increase in trading volumes and participant connectivity [9][11][13] Commercial Development - Trading in Gulf of Mexico (GOM) and North Pacific Asia (NPA) LNG Futures increased by 83% in September compared to August, totaling 9,486 contracts traded in Q3, equivalent to 27 physical cargoes [7][11] - Gold Singapore (GKS) Futures saw a total of 54,128 contracts traded through September 30, 2025, following a 242% month-over-month increase in July and a 167% increase in September [7][12] - The number of connected participants grew by 88% quarter-over-quarter, exceeding 150 firms, while connectivity with market makers and liquidity providers rose by 93% to 29 firms [7][13] Exchange Product Development - Abaxx launched its first weather derivatives, Enwex German Wind (GWM) Futures, on November 14, 2025, following the completion of contract specifications and operational preparations [19] - Continued development on silver market solutions and cash-settled LNG contracts to enhance risk management tools [20][18] Risk and Regulatory Development - The application to the U.S. Commodity Futures Trading Commission (CFTC) for recognition as a Foreign Board of Trade (FBOT) is under review, with ongoing engagement [10][20] - Clearing rule amendments were implemented to allow the use of multiple currencies for cash collateral, starting with the euro [10][14] Systems and Operations Development - System capacity was increased by approximately 150% to support growth in daily trading activity, alongside advancements in multi-currency settlement and collateralization features [17][14] - Integration with market data vendors continued to enhance price visibility and transparency [17] Financial Highlights - Abaxx announced a US$22 million non-brokered private placement, closing on October 20, 2025, raising the cash balance to approximately CAD$52 million [28] - The company recorded its first revenue from Singapore operations in Q3 2025, totaling CAD$0.3 million [28]

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].

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]

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].