Original News Release
Abaxx sees trading boost of LNG futures in Pacific Asia
Mr. Steve Fray reports
ABAXX CONFIRMS GROWING TRADING ACTIVITY IN ITS NORTH PACIFIC-ASIA (NPA DAP) AND US GULF OF MEXICO (GOM FOB) LNG FUTURES
Abaxx Technologies Inc. has continued growth and trading activity in Gulf of Mexico (GOM FOB) and North Pacific Asia (NPA DAP) liquefied natural gas futures contracts on Abaxx Exchange.
Trading volume in NPA DAP futures reached 690 lots in the week ended Oct. 17, 2025, while GOM FOB futures increased to 2,394 lots. Total LNG volume rose more than 80 per cent from August to September, with trading activity continuing to build in October.
Since launch, total trading volume across GOM FOB futures and NPA DAP LNG futures contracts has reached 14,042 lots, representing approximately 140.42 million British thermal units or $1.6-billion (U.S.) of notional value -- equivalent to around 40 LNG cargoes. The Abaxx suite of physically deliverable LNG futures, including the GOM FOB, NPA DAP and Northwest Europe DAP contracts, provides regional price signals for terminals representing more than 80 per cent of global LNG import capacity, giving market participants reliable forward curves aligned with real physical trade flows.
"Abaxx's LNG contracts are giving commercial participants a more effective way to manage regional price exposure," said Joe Raia, chief commercial officer, Abaxx Exchange. "By providing forward liquidity across both Atlantic and Pacific basins, these physically deliverable futures are helping LNG traders hedge delivered cargo risk and improve price discovery across their LNG supply chain."
Abaxx's three LNG benchmarks, introduced in June, 2024, were designed to close structural gaps in market design and support participants managing delivered cargo exposure and regional pricing risk.
All contracts are U.S. dollar denominated, 10,000 MMBtu futures, with the GOM futures contract listed on an FOB basis and the NPA and NWE contracts listed on a DAP basis across their respective delivery regions.
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 faced 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 Pte. Ltd., 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, 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 and 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.
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