First Trades in New Futures Markets
Abaxx achieved first trades in nickel sulfate and lithium carbonate futures during Q1, including the world's first trade of a non-Chinese U.S. dollar denominated and physically deliverable lithium carbonate futures.
OTC LNG Cargo Indexed to Abaxx Futures
The company saw its first OTC LNG cargo indexed to Abaxx LNG futures, marking a significant milestone in establishing Abaxx's prices as a benchmark contract.
Expansion of Market Data Distribution
Abaxx finalized onboarding with its first major global distribution network, expanding the visibility of its markets to over 100 million viewers. Six market data partners were added in Q1 2025.
New Product Developments
Progress on new futures products, including a regional copper spread futures contract, weather derivatives, and carbon market contracts. Submission of regulatory work for a 1 kilobar Singapore gold futures contract.
Abaxx Exchange and Clearinghouse in Singapore
On G28 2024, Abaxx launched its commodity futures exchange and clearinghouse in Singapore, with trading commencing in physically deliverable LNG and carbon futures contracts, along with new battery metals futures.