Abaxx Exchange to roll out UWM futures contract Dec. 12

Executive Summary

• Abaxx Technologies Inc.'s Abaxx Exchange will launch the Enwex United Kingdom Onshore Wind (UWM) futures contract on December 12, 2025.
• The launch is pending regulatory review by the U.S. Commodity Futures Trading Commission (CFTC).
• This product expands Abaxx's weather-indexed futures suite, following the recent launch of German wind futures, and targets risk management in Europe's wind-dependent power systems.

Key Details

• Launch Date: December 12, 2025.
• Contract Name: Enwex United Kingdom Onshore Wind (UWM) futures.
• Index Basis: Indexed to Enwex Wind United Kingdom, a forecast-based index translating wind speed at 100 meters into standardized generation utilization rates.
• Currency and Settlement: British-pound-denominated and financially settled.
• Pricing Metric: Expressed in British pounds per megawatt-hour.
• Strategic Context: Second weather-indexed product developed under the partnership with Enwex (Energy Weather Index); follows the November launch of German wind futures.
• Target Market: Manages weather-driven volume risk in the UK power system, where Atlantic weather patterns and seasonal variability significantly influence generation and hedging outcomes.
• Regulatory Status: Pending U.S. Commodity Futures Trading Commission (CFTC) regulatory review.

Notable Quotes

• "Following the launch of our German wind futures in November, UWM extends this suite of weather-indexed benchmarks into another major European wind market, where wind plays an even larger role in the generation mix," said Joe Raia, chief commercial officer of Abaxx Exchange. "Centrally cleared contracts designed around regional weather dynamics strengthen the foundation for hedging renewable generation risk."