Trading Technologies Integrates with Abaxx Exchange Platform

Trading Technologies International integrates with Abaxx Exchange, a Singapore-based global commodity futures exchange and clearinghouse. This move allows TT users to trade energy and carbon derivatives contracts on Abaxx.

StoneX Financial executed the first trade on June 28 through the TT platform, marking the collaboration. Abaxx Exchange currently offers five innovative commodity benchmark futures contracts. Moreover, these centrally cleared, physically deliverable contracts enhance market participants’ ability to execute energy transition strategies. They provide improved price discovery and risk management tools in liquefied natural gas (LNG) and carbon markets, with plans to include battery metals shortly.

Alun Green, EVP Managing Director of Futures & Options at TT, expressed enthusiasm about the partnership, stating, “Trading Technologies offers the world’s leading financial institutions and professional traders access to all major listed derivatives markets globally. We’re excited to offer our clients access to this unique new marketplace from day one of trading.” As a trusted partner to global and regional energy suppliers and commodity firms, we aim to help hedge risks in both physical and derivatives markets. Abaxx will introduce new risk management capabilities, with the option of physical delivery or offset through the sale of contracts before delivery.”

Trading Technologies Integrates with Abaxx Exchange Platform

Dan McElduff, President of Strategy and Development at Abaxx Exchange, emphasized the benefits of the collaboration, stating, “We are thrilled to partner with Trading Technologies to provide our clients seamless access to smarter markets.” Market participants can now leverage our shared expertise and resources by combining the advanced TT platform with our industry-leading, physically deliverable commodity futures contracts. This integration is essential for meeting the commercial needs of the energy transition and unlocking the investment capital required for a low-carbon economy.”

In a related development, TT recently announced connectivity to the European Power Exchange (EPEX SPOT), the largest power exchange in Europe. This new connection allows TT clients to trade European physical power markets for the first time on the TT platform. Lastly, partnering with a major European energy supplier, TT offers continuous intraday power trading capability globally as a fully co-located service.

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