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Abaxx Exchange to Extend Trading Access Through TMX Trayport's Joule Platform
TMX Newsfile· 2026-02-09 01:00
Core Insights - Abaxx Commodity Exchange and TMX Trayport announced an integration that will allow trading access through TMX Trayport's Joule platform, expected to be completed by the end of Q1 2026 [1][3]. Group 1: Trading Integration - The integration will enable traders to view Abaxx Exchange markets alongside energy and commodities, allowing for direct order submissions from their existing trading environment [2]. - TMX Trayport's Joule platform is utilized by over 9,800 traders globally, facilitating the positioning of Abaxx Exchange benchmarks with existing gas, power, and environmental contracts [3][8]. Group 2: Product Offerings - Abaxx Exchange will expand its suite of physically-deliverable LNG futures, enhancing the range of trans-Atlantic and trans-Pacific gas prices available on the Joule platform [4]. - The introduction of weather-indexed derivatives and environmental contracts, including CORSIA-eligible and REDD+ units, will provide new tools for managing risks associated with European power prices and climate-related exposures [4]. Group 3: Market Impact - The integration is expected to enhance liquidity by allowing traders to view both OTC-cleared markets and Abaxx Exchange order books within the Joule platform [5]. - Abaxx Exchange aims to connect with a global network of core power and gas market participants, integrating its benchmarks into existing workflows for risk management [5]. Group 4: Company Background - TMX Trayport is a global software provider for the energy trading market, developing electronic platforms for traders, brokers, and exchanges [7]. - Abaxx Technologies focuses on building smarter markets through better tools and technology, addressing challenges such as the energy transition [10][12].