Abaxx Futures Now Live On TMX Trayport’s Joule Platform

KUALA LUMPUR, March 27 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, and TMX Trayport announced that Abaxx futures are now available for trading via TMX Trayport’s Joule platform.

According to Abaxx in a statement, TMX Trayport’s Joule platform provides front-end access to Abaxx futures, enabling traders to view markets and execute orders directly within their existing trading environment.

“Abaxx futures support price discovery and risk management. Availability within TMX Trayport’s Joule platform positions those contracts alongside other benchmarks where cross-market risk is actively managed,” said Abaxx Exchange Chief Markets Officer, Shanmei Lim.

Meanwhile, TMX Global Insights (Trayport, Datalinx, VettaFi) Chief Executive Officer, Peter Conroy said the integration expands tools available to customers managing risk.

“At a time of so much volatility and geopolitical uncertainty within energy markets like LNG, providing clients with more ways to manage their exposure alongside the existing venues, demonstrates how Trayport supports customers through the power of aggregation,” added Conroy.

Used by more than 9,800 traders globally across energy, commodities, and environmental markets, Joule integrates Abaxx futures alongside existing gas, power, and environmental contracts, supporting cross-market trading and hedging strategies within a single platform.

Headquartered in London and owned by TMX Group, TMX Trayport is a global software provider for the energy trading market, developing electronic platforms used by traders, brokers, and exchanges to facilitate the buying and selling of commodities.

Abaxx is the majority shareholder of Abaxx Singapore Pte Ltd, the owner of Abaxx Commodity Exchange and Clearinghouse (Abaxx Exchange and Abaxx Clearing), and the producer of the SmarterMarkets Podcast.

-- BERNAMA