Northwire Canada EditionFriday, October 16, 2026
Northwire
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GOLD 4188.90 +0.5% SILVER 57.13 −0.0% COPPER 6.57 +0.1% OIL 98.98 +1.0% PALLADIUM 1115.75 −1.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% BVA 0.780 +2.6% ONAU 0.530 +1.9% FMR 0.225 +0.0% GSVR 0.350 +2.9% PHNM 0.345 +1.5% GOLD 4188.90 +0.5% SILVER 57.13 −0.0% COPPER 6.57 +0.1% OIL 98.98 +1.0% PALLADIUM 1115.75 −1.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% BVA 0.780 +2.6% ONAU 0.530 +1.9% FMR 0.225 +0.0% GSVR 0.350 +2.9% PHNM 0.345 +1.5%
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Abaxx to Launch Silver Singapore Futures on May 22, 2026

Abaxx Expands Precious Metals Suite with Singapore Silver Futures Amidst Record Trading Volumes and TSX Listing

Executive Summary
  • Abaxx Technologies announced the launch of Abaxx Silver Singapore futures scheduled for May 22, 2026.
  • The contract is U.S. dollar-denominated, physically deliverable into approved vaults in Singapore, with a size of 1,000 troy ounces and 0.9999 fineness.
  • Russell Robertson, Chief Business Development Officer, stated the product targets industrial silver market needs for solar, electronics, and advanced manufacturing supply chains.
  • This follows a series of operational milestones including record trading volumes (50,277 contracts single-day) achieved on May 14, 2026.
  • The company is simultaneously transitioning its listing from Cboe Canada to the Toronto Stock Exchange (TSX) effective May 21, 2026.
Material Impact
  • Execution Validation: The Silver launch confirms Abaxx's ability to execute on its roadmap of physically deliverable benchmarks, following the successful first physical delivery under Gold Singapore futures in February 2026.
  • Volume Momentum: Recent news indicates a 55% increase in Q1 2026 volume versus Q4 2025 and April 2026 monthly volume surpassing total 2025 volume, suggesting the new Silver contract may benefit from existing liquidity momentum.
  • Liquidity Upgrade: The TSX listing (May 21) precedes the product launch by one day, likely enhancing institutional access and visibility for the new Silver futures.
  • Revenue Diversification: While revenue remains early-stage (CAD $0.3M in Q3 2025), adding a precious metals contract diversifies income streams beyond LNG and weather derivatives.
  • Risk of Dilution: The company has a history of equity financing ($22M closed Oct 2025) with outstanding warrants that may be exercised or called, creating potential dilution pressure on existing shareholders despite the positive operational news.
ABXX · Price
Company Overview
  • Core Business: Abaxx Technologies builds digital market infrastructure including an exchange (Abaxx Exchange), clearinghouse (Abaxx Clearing), spot platform (Abaxx Spot), and technology suite (MarketOS, Digital Title).
  • Flagship Projects:
    • Physically Deliverable LNG Futures: GOM FOB and NPA DAP contracts representing >80% of global LNG import capacity.
    • Precious Metals: Gold Singapore Futures (GKS) with achieved physical delivery; Silver Singapore Futures launching May 2026.
    • Weather Derivatives: Enwex suite covering wind and solar futures across Germany, UK, France, Spain, ERCOT, and Netherlands.
  • Technology Stack: Proprietary ID++ protocol for decentralized identity and Digital Title technology for T+0 collateral mobilization (tokenized gold, money market funds).
Read the original news release →

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