Abaxx Exchange Trading Volume Jumps 582 Pct In Second Year

KUALA LUMPUR, June 29 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Abaxx Exchange has surpassed one million futures contracts traded year-to-date as it marked the second anniversary of the Singapore-based commodity exchange.

In a statement, the company said trading volume reached nearly 1.1 million contracts as of June 25, 2026, representing an increase of about 582 per cent from the 160,854 contracts traded in the full year 2025.

According to Abaxx, average daily trading volume rose to 17,665 contracts in June 2026 from 638 contracts per day in 2025, while daily open interest increased to 1,411 from 235 over the same period.

The company said the exchange has launched 18 futures contracts across seven markets since trading began in June 2024, covering liquefied natural gas (LNG), battery materials, precious metals, weather-linked products and environmental markets.

Abaxx said the exchange also recorded several milestones, including its first carbon, nickel sulphate, lithium carbonate and Germany Onshore Wind futures block trades, as well as its first deliveries under carbon and gold futures contracts.

The company added that Abaxx Exchange has continued expanding its ecosystem, with seven clearing firms, 22 brokers and 11 independent software vendors currently connected to the platform.

Abaxx said the exchange also secured regulatory recognition in key markets, including registration as a Foreign Board of Trade by the United States Commodity Futures Trading Commission in November 2025 and registration as an Organised Market Place with the European Union Agency for the Cooperation of Energy Regulators in April 2026.

-- BERNAMA