Abaxx’s launch of co-located spot and futures infrastructure in Singapore represents a new approach to handling physical and financial trading of gold. Traditional bullion workflows remain fragmented, dependent on OTC transfers, offshore intermediaries, and legacy delivery points. 

For the first time, Abaxx has introduced a combined model that brings spot and futures markets together in one region, enabled by Exberry’s flexible system services.

Context: Why this moment matters for market infrastructure

Gold trading has lagged behind modern expectations due to fragmented systems that create inefficiencies in trading and settlement of metal. Pricing remains anchored in London and New York. Yet Asia represents the world’s dominant gold demand. This creates a structural disconnect between global benchmarks and regional flows.

Asia’s bullion sector often relies on legacy systems tied to out-of-region delivery points and formats built for an earlier era of the gold trade. At the same time, institutional firms increasingly seek operational transparency alongside efficient settlement that supports both physical delivery and electronic trading.

Innovation in action: Abaxx’s co-located spot + futures model

The company’s approach demonstrates how modern cloud-agnostic, SaaS-delivered trading platforms like Exberry can power fundamentally different market structures as separate regulated entities whilst maintaining strict compliance boundaries.

A single ecosystem supporting two separate regulated entities

Abaxx Spot¹ and the Abaxx Commodity Futures Exchange and Clearinghouse operate as distinct regulated entities, each powered by Exberry’s cloud-agnostic platform. This approach enables two separate market structures—spot and futures—to coexist within Singapore’s regulatory framework whilst maintaining complete operational independence. Participants access physically allocated kilobar gold via Abaxx Spot, alongside a physically deliverable futures contract sized to Asian preferences.

Real-world efficiency: co-located delivery and streamlined workflows

For gold, Abaxx has launched the first co-located spot and futures infrastructure, with Abaxx Spot serving as a designated physical delivery point for Abaxx Exchange’s Gold Kilobar Singapore futures. This co-location aims to reduce basis risk, simplify post-trade workflows, and support convergence between futures and spot pricing. Physical delivery into approved Singapore vaults, including through the Abaxx Spot pool, offers participants streamlined alternatives to fragmented OTC processes.

A blueprint for ‘Any Asset. Any Environment.’

Abaxx’s Singapore launch of co-located spot and futures infrastructure demonstrates what modern technology makes possible in exchange design. Running two distinct venues, each powered by Exberry’s technology, with regulatory separation and operational efficiency, shows what flexible, asset-agnostic platforms can achieve. With Abaxx Spot serving as a delivery option for Abaxx Exchange’s Gold Kilobar Singapore futures, this approach demonstrates how modern infrastructure can support coordinated workflows whilst maintaining complete regulatory independence.

Read the full case study: https://www.exberry.io/case-study-how-abaxx-built-a-next-gen-commodity-futures-exchange/