Exberry Chosen as Trading Technology Partner for Abaxx Commodity Futures Exchange and Clearinghouse’s Comprehensive Futures Contracts Suite

September 18, 2023

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Tel Aviv, Israel–(Newsfile Corp. – August 30, 2023) – Exberry, a leading provider of exchange technology, is pleased to announce that Abaxx Technologies Inc. (“Abaxx Tech” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte. Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarketsTM Podcast, has selected Exberry’s cloud-native trading technology platform to power their initial suite of LNG, Carbon and Nickel Sulphate futures contracts and subsequent futures contracts post-launch.

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Ambitious financial exchanges need to keep growing. Yet in the world of capital markets this is not always a straightforward task. Each jurisdiction has its own national characteristics and different way of doing things. If an exchange decides to build its own trading or clearing infrastructure, unless it is happy paying an exorbitant cost, it will typically have to wait a number of years for delivery. So, what are the alternatives for exchanges?

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