StoneX Financial becomes Abaxx Exchange’s first clearing, trading member

StoneX Financial and Abaxx Technologies announced that StoneX has become the first approved clearing and trading member of Abaxx’s indirectly held, majority-owned Singapore-based exchange and clearinghouse, introducing centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator and Approved Clearing House with the Monetary Authority of Singapore. StoneX’s clients will have access to Abaxx Exchange’s suite of first-of-their-kind, physically- deliverable futures contracts, including liquefied natural gas, nickel sulphate, and carbon, from the first day of trading on Abaxx Exchange. This will enable StoneX clients to be the first market participants to benefit from Abaxx’s market price discovery and enhanced risk management tools for energy transition-related commodities.