Trading Technologies International, Inc. (TT) has partnered with Abaxx Exchange, a global commodity futures exchange and clearinghouse based in Singapore, to provide clients with access to innovative commodity benchmark futures contracts. These centrally cleared, physically deliverable contracts aid market participants in executing energy transition strategies by offering improved price discovery and enhanced risk management tools in LNG and carbon markets, with solutions for battery metals on the horizon.
Alun Green, EVP Managing Director, Futures & Options for TT, emphasized the significance of this collaboration in providing clients with access to a new marketplace from day one of trading. The partnership aims to offer new risk management capabilities to global energy suppliers and commodity firms seeking to hedge their risks in physical and derivatives markets, allowing options for physical delivery or offset through contract sales prior to delivery.
Dan McElduff, Abaxx Exchange President, Strategy & Development, highlighted the benefits of combining the advanced TT platform with Abaxx’s physically deliverable commodity futures contracts. This partnership enables market participants to leverage shared expertise and resources in accessing price discovery and risk management tools essential for navigating the energy transition and fostering a low-carbon economy.
In addition to this partnership, TT recently announced connectivity to the European Power Exchange (EPEX SPOT) through the TT platform, enabling clients to trade European physical power markets for the first time on TT. The new continuous intraday power trading capability offered in collaboration with a large European energy supplier now provides clients globally with a fully co-located service.
About Trading Technologies:
Trading Technologies is a Software-as-a-Service (SaaS) technology platform provider to the global capital markets industry, connecting users to major international exchanges and liquidity venues in listed derivatives, fixed income, foreign exchange (FX), and cryptocurrencies. The TT platform delivers advanced tools for trade execution, order management, market data solutions, analytics, risk management, and more to leading sell-side institutions, buy-side firms, exchanges, and other market participants.
About Abaxx Exchange:
Abaxx Exchange is on a mission to build Smarter Markets by offering better tools, benchmarks, and technology to address society’s challenges, including climate change and the energy transition. As a Recognised Market Operator (RMO) and Approved Clearinghouse (ACH) licensed by the Monetary Authority of Singapore (MAS), Abaxx Exchange introduces centrally cleared, physically delivered futures contracts and derivatives in LNG, Carbon, Nickel, and other commodities to enhance price signals, risk management, and market ecosystem integrity. Owned by Abaxx Technologies, the exchange focuses on accelerating the energy transition through innovative market solutions.
For more information, visit Trading Technologies (www.tradingtechnologies.com) and Abaxx Exchange (www.abaxx.exchange).
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