{"id":114723,"date":"2026-10-20T11:31:13","date_gmt":"2026-10-20T11:31:13","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/abaxx-exchange-named-newcomer-of-the-year-at-energy-risk-asia-awards\/"},"modified":"2026-10-20T11:31:13","modified_gmt":"2026-10-20T11:31:13","slug":"abaxx-exchange-named-newcomer-of-the-year-at-energy-risk-asia-awards","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/abaxx-exchange-named-newcomer-of-the-year-at-energy-risk-asia-awards\/","title":{"rendered":"Abaxx Exchange Named Newcomer of the Year at Energy Risk Asia Awards"},"content":{"rendered":"
\n

TORONTO and SINGAPORE, Oct. 20, 2026 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (TSX:ABXX)(OTCQX:ABXXF) (\u201cAbaxx<\/strong>\u201d or the \u201cCompany<\/strong>\u201d), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, \u201cAbaxx Exchange<\/strong>\u201d and \u201cAbaxx Clearing<\/strong>\u201d), today announced that Risk.net has named Abaxx Exchange \u201cNewcomer of the Year\u201d at the 2026 Energy Risk Asia Awards.<\/p>\n

The Energy Risk Asia Awards recognize innovation and expertise in commodity trading and risk management across the Asia-Pacific region. This award brings further regional recognition to Abaxx Exchange, following its Newcomer of the Year win at the Energy Risk Awards in May. This category recognizes emerging companies, or established firms entering new markets, that have demonstrated growth, market relevance, and contribution within their first three years of operation.<\/p>\n

Since trading commenced in June 2024, Abaxx Exchange has introduced 18 commodity futures contracts, including the only physically deliverable LNG futures traded globally and the only U.S. dollar-denominated, physically deliverable nickel sulphate and lithium carbonate futures outside China. In precious metals, Abaxx offers U.S. dollar-denominated kilobar gold futures and 1,000-troy-ounce, four-nines silver futures, both are the only of their kind deliverable into Singapore. Its Gold Singapore (GKS) contract was named Best Innovation by an Exchange or Clearing House at the 2026 FOW Asia Pacific Awards last month.<\/p>\n

\u201cIt\u2019s an honor to receive our second Energy Risk award this year, recognizing our role in connecting global commodity markets,\u201d said Russell Robertson, Chief Business Development Officer at Abaxx Exchange. \u201cEnergy systems and trade flows are changing and market participants need new tools to better manage risk. Abaxx is introducing new commodity futures benchmarks to meet that need, and we are grateful to our growing trading and clearing community for their partnership as we support Singapore\u2019s role as a vital trading center connecting the global economy.\u201d <\/p>\n

About Abaxx Technologies<\/strong>
Abaxx Technologies Inc. (TSX: ABXX | OTCQX: ABXXF) is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transformation and the transition to an AI-augmented economy.<\/p>\n

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, the owner of Abaxx Exchange and Abaxx Clearing, parent company of wholly owned subsidiaries Abaxx Spot and Adaptive Infrastructure, and founder of Abaxx Labs and the SmarterMarkets\u2122 podcast.<\/p>\n

For more information, visit investors.abaxx.tech<\/u><\/a>, abaxx.exchange<\/u><\/a>, abaxxspot.com<\/u><\/a> and smartermarkets.media<\/u><\/a><\/p>\n

For more information about this press release, please contact:
<\/strong>Steve Fray, CFO
Tel: +1 647-490-1590<\/p>\n

Media Inquiries <\/strong>
Tara Hayes
Email: tara@abaxx.tech<\/u><\/a><\/p>\n

Investor Inquiries<\/strong>
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech<\/u><\/a><\/p>\n

Cautionary Statement Regarding Forward-Looking Information<\/strong><\/p>\n

This press release includes certain \u201cforward-looking statements\u201d and \u201cforward-looking information\u201d (collectively, \u201cforward-looking statements\u201d) within the meaning of applicable Canadian and United States securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as \u201cbelieve\u201d, \u201canticipate\u201d, \u201cestimate\u201d, \u201cproject\u201d, \u201cintend\u201d, \u201cexpect\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cplan\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201ccould\u201d, \u201ctarget\u201d, \u201cpropose\u201d, \u201cgoal\u201d, \u201cobjective\u201d, \u201congoing\u201d, \u201cpotential\u201d, \u201clikely\u201d or the negative thereof or similar expressions.<\/em><\/p>\n

In particular, this press release contains forward-looking statements including, without limitation, Abaxx\u2019s objectives and future plans and the introduction of the next generation of commodity futures benchmarks to meet the needs of market participants. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; the risk that trading volume, average daily volume, and open interest on Abaxx Exchange may not continue to grow, or may decline, if the liquidity-related credits provided under Abaxx\u2019s market maker and liquidity provider programs are reduced, discontinued, or otherwise changed, or if market participants who currently trade on Abaxx Exchange in connection with such programs do not continue to trade, or do not increase their trading activity, independently of such programs; failure or delays related to the onboarding of clearing members; dilution; Abaxx\u2019s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of intellectual property and proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx\u2019s products and operations; the ability to list Abaxx\u2019s securities on stock exchanges in a timely fashion or at all; the failure of energy, commodity markets and collateral use cases to develop according to the expectations of Abaxx; risks related to operations in foreign jurisdictions; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third-party software license risk; system failure risk; risk of technological change; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; volatile securities markets impacting security pricing unrelated to operating performance; changes in global weather patterns; changes in the price of commodities, capital market conditions, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company\u2019s most recent management\u2019s discussion and analysis filed on SEDAR+. In addition, particular assumptions which could impact future results of the business of Abaxx include, but are not limited to, Abaxx\u2019s assumption that: trading volume and liquidity on Abaxx Exchange will continue to develop over time, independently of its market maker and liquidity provider programs; additional clearing members will complete onboarding and begin clearing activities according to Abaxx\u2019s expectations; Abaxx will be able to execute its business plan and growth strategy; Abaxx will retain or successfully replace its key personnel; Abaxx will protect its intellectual property rights; energy and commodity markets will continue to develop according to Abaxx\u2019s expectations; collateral use cases for Abaxx\u2019s products will develop in line with Abaxx\u2019s expectations, the demand for centrally cleared, physically deliverable futures and derivatives will grow as anticipated; regulatory approvals required for Abaxx\u2019s products and operations will remain in good standing or will be obtained as required; applicable laws and regulations will not change in a way that adversely affects Abaxx\u2019s business, and that its technology, systems and infrastructure will operate as intended without significant failure, security breach or disruption; third-party service providers, clearing and settlement partners and other service providers will continue to perform their obligations and act according to Abaxx\u2019s expectations; general economic and capital market conditions, commodity prices, currency exchange rates and the supply chain environment will not deteriorate in a way that materially affects Abaxx or its participants, and that Abaxx\u2019s competitive environment will not change materially. Abaxx has also assumed that no significant events occur outside of Abaxx\u2019s normal course of business.<\/em><\/p>\n

Abaxx cautions that the foregoing list of material factors and assumptions is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. There can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represent the expectations of Abaxx as of the date of this press release and, accordingly, are subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Neither the Toronto Stock Exchange nor any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.<\/em><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO and SINGAPORE, Oct. 20, 2026 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (TSX:ABXX)(OTCQX:ABXXF) (\u201cAbaxx\u201d or the \u201cCompany\u201d), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, \u201cAbaxx Exchange\u201d and \u201cAbaxx Clearing\u201d), today announced that Risk.net has named Abaxx Exchange \u201cNewcomer of […]<\/p>\n","protected":false},"author":2,"featured_media":114724,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/ebbabd4c-4502-4b72-9fa6-6894dfd9ae90","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-114723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t