Global capital markets technology platform provider Trading Technologies International is now offering its clients access to Abaxx Exchange, a global commodity futures exchange and clearinghouse based in Singapore.
The market launched on 28 June, with the first trade executed through the TT platform by StoneX Financial. Clients are able to use TT to trade the exchange’s energy and carbon derivatives contracts.
Products currently offered on Abaxx include five new commodity benchmark futures contracts, which TT says will better enable market participants to execute their energy transition strategies, as well as provide improved price discovery and enhanced risk management tools in liquefied natural gas and carbon markets.
TT recently announced connectivity to the European Power Exchange, the largest power exchange in Europe, through the TT platform.
