Josh Zhuang’s Post

Abaxx Selects Baymarkets Clara Clearing System to Support New Commodities Exchange Today we announced that we've chosen the award-winning Baymarkets clearing #technology and platform, Clara, to power our newly-launched, Singapore-based futures exchange and clearinghouse. We are excited to partner with Baymarkets, leveraging their clearing expertise and innovative technologies to support our initial suite of five new, centrally-cleared, physically-deliverable commodities futures contracts in #LNG and #carbon, to be soon followed by solutions for #batterymetals, and provide better price discovery and risk management tools for these transition-critical #commodities. Of today's news, Baymarkets’ Chairman Peter Fredriksson, and CEO Tore Klevenberg, said: “We are delighted to be working closely with Abaxx on this new exchange for the global commodities trading community. We have worked closely with the Abaxx team to deliver a custom-fit, trusted and tested global clearing solution that supports its mission to transition to a more sustainable financial markets ecosystem that will make a positive social impact.” Read Full Release: https://lnkd.in/dszHq-zM

NEWS: Abaxx Commodity Futures Exchange and Clearinghouse, a new global market that lists energy and carbon derivatives contracts, is available for trading through the TT platform. Singapore-based Abaxx launched last Friday, June 28, with the first trade executed by StoneX Financial through the TT platform. Alun Green, EVP Managing Director, Futures & Options for TT, said: “Trading Technologies offers the world’s leading financial institutions and professional traders access to all major listed derivatives markets globally, and we’re delighted to bring our clients access to this unique new marketplace from day one of trading. We’re also a trusted partner to global and regional energy suppliers and commodity firms looking to hedge their risks in both physical and derivatives markets. Abaxx will bring new risk management capabilities with the option of physical delivery or offset through the sale of the contracts before delivery.” Daniel McElduff, Abaxx Exchange President, Strategy & Development, said: “We are thrilled to partner with Trading Technologies to offer our clients seamless access to smarter markets. By combining the advanced TT platform with our industry-leading, physically deliverable commodity futures contracts, market participants can now leverage our shared expertise and resources to access the price discovery and risk management tools essential for meeting the commercial needs of the energy transition and unlocking the investment capital required for a low-carbon economy.” Read the full news release here >> https://lnkd.in/ggVf_7Bh

How do market participants access the LME’s trading platform? https://lnkd.in/dXgFVvwz In the dynamic world of commodities trading, the London Metal Exchange (LME) stands as a beacon of opportunity for market participants seeking to engage in the trading of metals such as copper, aluminum, nickel, and zinc. But how exactly do market participants access the LME’s trading platform, and what steps are involved in becoming a part of this vibrant marketplace? Join us as we delve into the intricacies of accessing the LME’s trading platform, providing insights and guidance for those eager to unlock the potential of metals trading. Understanding the LME’s Trading Platform Before diving into the mechanics of accessing... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

How do market participants access the LME’s trading platform? https://lnkd.in/dXgFVvwz In the dynamic world of commodities trading, the London Metal Exchange (LME) stands as a beacon of opportunity for market participants seeking to engage in the trading of metals such as copper, aluminum, nickel, and zinc. But how exactly do market participants access the LME’s trading platform, and what steps are involved in becoming a part of this vibrant marketplace? Join us as we delve into the intricacies of accessing the LME’s trading platform, providing insights and guidance for those eager to unlock the potential of metals trading. Understanding the LME’s Trading Platform Before diving into the mechanics of accessing... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

How does the LME handle clearing and settlement? https://lnkd.in/dSspa9M7 In the intricate ecosystem of commodities trading, the London Metal Exchange (LME) stands as a beacon of efficiency and reliability, offering market participants a seamless process for clearing and settlement. As one of the world’s leading metals exchanges, the LME plays a crucial role in facilitating transactions and ensuring the smooth flow of capital and goods across the marketplace. But how exactly does the LME handle clearing and settlement, and what mechanisms are in place to safeguard the integrity of the process? Join us as we navigate the intricacies of LME clearing and settlement, uncovering everything you need to know... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

Read our CIO, Chirag Mehta’s thoughts on impact on Gold ETF as an investment option by recent reduction in customs duty on gold, shared with TOI https://lnkd.in/dSA7ngg8 #Quantummutualfund #QuantumAMC #QuantumInNews #QuantumCoverage #TOI #mutualfunds

⚠ATTENTION! Beware of these brokers⚠ 🚨March Recap: Most Complained Brokers in Malaysia🚨 1. Moga International Group LLC (MogaFX): 2 complaints received 2. #Wisemarket: 2 complaints received 3. #BitcorePro: 5 complaints received Click here to get the full report: https://lnkd.in/g35jPVub 🔥 Before trading, check the broker! WikiFX makes forex trading safer. ❗👇 https://lnkd.in/gsindSVK With the assistance of WikiFX Review, you can conveniently keep tabs on Forex brokers. 🧐📈 #forex #forextrading #Complaints #malaysia #forexbroker #beware #ScamAlert #ScammerAlert

While other exchanges seek to displace their FCMs, Abaxx Exchange thanks its growing list of clearing firms for connecting their clients to our markets. Since the beginning of modern day futures markets, the FCM ecosystem has brought #innovation to important trade and margin finance strategies, risk management methods, technologies and tools, and we continue to believe that building a robust ecosystem of trading firms, brokers, and clearing firms is the best way to build smarter markets. Begin trading our physically-deliverable, centrally-cleared, LNG and Carbon futures contracts by contacting one of our clearing firms today: StoneX Group Inc., KGI Singapore, Marex, and Mizuho. 📥 You can also reach out to us at sales@abaxx.exchange #LNG #carbon #smartermarkets #futurestrading #riskmanagement 

"Physically delivered contracts assure that markets will align and forward markets and spot markets will converge — that's part of our core DNA." Ahead of the launch of Abaxx Commodity Futures Exchange and Clearinghouse in Singapore, Abaxx Clearing CEO, Daniel McElduff, talks what it takes to build smarter #commodities markets, why Abaxx is focused on physically-deliverable futures contracts and what better price discovery and risk management tools enable in emerging markets like #LNG, #Carbon and #Nickel. "We built Abaxx Exchange and Clearinghouse because we believe that the industry had gotten away from basic principles in building derivative contracts for parties who need the core benefits of #pricediscovery and #riskmanagement. We see a significant need for these instruments and an opportunity to step in and deliver on those core functions." #AbaxxExchange #CommoditiesTrading #EnergyTransition #FuturesContracts #EnergyMarkets #CarbonMarkets #BatteryMetals

  ICMA publishes Guide to Asia Pacific Repo Markets: #Australia   ICMA - International Capital Market Association’s guide provides a timely and comprehensive overview of the burgeoning Australian #repo market, at a time of transition in that market, highlighting recent developments and describing the structure and operation of the market, its infrastructure, types of collateral and counterparties, and the legal and regulatory framework.   See here for the ICMA guide to Asia Pacific Repo Markets: Australia - https://lnkd.in/eYJTUBnJ