Abaxx Technologies lists EU wind futures

Ms. Nancy Seah reports ENWEX NETHERLANDS, FRANCE AND SPAIN WIND FUTURES NOW LIVE FOR TRADING ON ABAXX EXCHANGE Trading has commenced on Abaxx Technologies Inc. in Enwex Netherlands (NWM), France (FWM) and Spain (SWM) onshore wind futures, extending standardized, exchange-cleared benchmarks for managing wind generation risk across Europe's major renewable power systems. Wind generation introduces variability in electricity output across European power markets, creating exposure to fluctuations in utilization and revenue for market participants. The Netherlands, France and Spain contracts provide country-specific benchmarks designed to hedge this wind utilization risk, complementing traditional electricity price hedges. Each contract is euro-denominated and financially settled, indexed to its respective Enwex wind country index, which measures forecast wind conditions at 100 metres and expresses standardized generation utilization rates in euros/MWh (megawatt-hour). "With wind futures now listed across six major power markets, Abaxx Exchange has established a consistent set of weather-indexed benchmarks spanning Europe and the United States," said Nancy Seah, chief executive officer of Abaxx Exchange. "This coverage enables consistent reference pricing for wind generation variability across jurisdictions with materially different power market structures." Enwex Netherlands (NWM), France (FWM) and Spain (SWM) onshore wind futures are now available for trading from 10 a.m. to 12 a.m. Singapore Time, Monday to Friday, except for Singapore public holidays. Contract specifications, connected clearing and broker firms, and market access information are available at the Abaxx website. About Abaxx Technologies Inc. Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot. Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally cleared, physically deliverable futures contracts in LNG (liquified natural gas), carbon, battery materials and precious metals, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks. Abaxx Spot modernizes physical gold trading through a physically backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers and is designed to support physical delivery for Abaxx Exchange's physically deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets. Adaptive Infrastructure closes critical gaps in posttrade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement and transfer agency services designed to reduce risk and improve reliability across asset classes. We seek Safe Harbor.