Northwire Canada EditionWednesday, July 15, 2026
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EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
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Abaxx Technologies completes first gold delivery

By The Northwire Desk — AI Analysis Feb 24, 2026 · 12:41 ABXX · 40.65 Abaxx Technologies Inc
ABXX · Price

Executive Summary

  • Abaxx Technologies Inc. successfully completed the first physical delivery under its Abaxx Gold Singapore Futures contract, marking a significant operational and market infrastructure milestone.
  • The transaction involved physical delivery between MTS Gold Group and Kilo Capital, with clearing services provided by StoneX and KGI Securities, and inventory transfer facilitated by Abaxx Spot.
  • The delivery validates the contract as a regionally anchored benchmark for price discovery and commercial risk management in the Asian physical gold market.

Key Details

  • Contract: Abaxx Gold Singapore Futures February 2026
  • Delivery Parties: MTS Gold Group (deliverer) and Kilo Capital (receiver)
  • Clearing Services: StoneX Financial Pte. Ltd. and KGI Securities (Singapore) Pte. Ltd.
  • Inventory Transfer: Supported by Abaxx Spot
  • Milestone Significance: First gold futures position on Abaxx Exchange carried through to physical delivery; first Abaxx Spot inventory transfer associated with a futures delivery
  • Contract Launch Date: June 2025
  • Market Focus: Regionally anchored benchmark for price discovery and commercial risk management in the Asian physical gold market
  • Broader Product Suite: Part of Abaxx Exchange's growing suite of futures contracts across energy, environmental, battery materials, and precious metals markets

Notable Quotes

  • Lian Tuck Lee, Head of Listed Derivatives, Asia, StoneX Financial: "StoneX is proud to be the first clearing member to complete a physical delivery on Abaxx Exchange, marking an important milestone in bringing this exciting new market infrastructure and capability to Singapore..."
  • Ken Ong, CEO, KGI Securities (Singapore): "KGI Securities is proud to serve as Asia's gateway to the global market by facilitating this historic first delivery on Abaxx Exchange..."
  • Nuttapong Hirunyasiri, CEO, MTS Gold Group: "MTS Gold Group is proud to be the first physical market participant to complete a physical delivery on Abaxx Exchange..."
  • Wade Brennan, CEO, Kilo Capital: "As a North American leader in precious metals inventory finance and physical supply, the Abaxx Gold Singapore Futures contract gives us direct tools to hedge kilobar inventory exposures and align our financing solutions with actual Asian physical flows..."
Read the original news release →

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