Abaxx Technologies Inc. announced the launch of Abaxx Commodity Futures Exchange and Clearinghouse, with trading commencing in its physically-deliverable liquified natural gas (LNG) and carbon futures contracts. Five new centrally-cleared, physically-deliverable commodity futures contracts in LNG and Carbon are now available for trading on Abaxx Commodities Exchange and Clearinghouse in Singapore. Full clearing and execution are currently accessible through two clearing members StoneX and KGI Securities, while execution and broking services can be sourced from execution brokers Marex, Eagle Commodities, Evolution Markets, Salamander Broking, SSY, TP ICAP and Venture Commodities Partners, along with introducing broker, Sweet Futures.

Abaxx is introducing these markets to establish physically-deliverable benchmarks for the global LNG and voluntary carbon markets, and to be followed shortly by solutions for battery metals. These will provide the price discovery and risk management tools required to meet the commercial needs of market participants and essential to unlocking investment capital required for the transition to a low-carbon economy. Partnering with leading technology providers including Exberry, Baymarkets and Eventus, Abaxx offers robust, scalable, secure trading and clearing solutions.

In addition, Abaxx provides tools and services for market participants, who are supported by exchange and clearing Independent Software Vendors (ISVs), which include Fidelity Information Services Ltd. (FIS®?), ION, Trading Technologies (TT), and CQG. Abaxx?s initial suite of futures contracts for LNG and carbon are open for trading 14 hours a day, Monday through Friday. It is intended that additional products including nickel sulphate futures will be introduced soon.