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Abaxx Technologies Inc ( (TSE:ABXX) ) has provided an update.
Abaxx Singapore has partnered with ZEMA Global Data to integrate Abaxx Exchange’s market data into ZEMA’s platform, enhancing access to verified trade data and price references for global financial institutions and commodity market participants. This collaboration aims to improve data workflows and transparency, aiding market participants in managing price volatility and developing effective hedging strategies, thereby strengthening Abaxx’s position in the commodity and energy markets.
More about Abaxx Technologies Inc
Abaxx Technologies Inc. is a financial software and market infrastructure company that focuses on developing and deploying technologies to enhance communication, trade, and transactions. It is the majority owner of Abaxx Singapore, which operates the Abaxx Commodity Exchange and Clearinghouse, providing centrally cleared, physically deliverable commodity futures and derivatives. These offerings aim to improve price discovery and risk management, particularly in commodities crucial for the transition to a lower-carbon economy.
Average Trading Volume: 193,538
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$61.56M
For an in-depth examination of ABXX stock, go to TipRanks’ Stock Analysis page.