Innovation Spotlight: Abaxx Exchange Accelerates Commodity Futures Launch with Exberry
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In today’s financial ecosystem, speed to market has evolved from an operational advantage to an essential mandate. Recognising this, when Abaxx Exchange aimed to launch its pioneering commodity futures exchange in Singapore, it chose Exberry’s cloud-native, SaaS-delivered trading technology over traditional legacy systems.
Abaxx turned to Exberry for its ready-to-deploy matching engine and central order book, hosted on AWS. This high-performance infrastructure gave Abaxx the responsiveness it needed to break into the commodity futures market at speed.
Rapid Deployment and Regulatory Readiness
Within just six months, Exberry built a robust, transparent, and regulation-ready trading platform, enabling Abaxx to successfully launch its groundbreaking physically-settled LNG and carbon futures contracts. This expedited launch was pivotal, meeting stringent regulatory approval requirements from the Monetary Authority of Singapore (MAS).
On launch day, Abaxx Exchange CEO Nancy Seah highlighted the strategic importance of nimbleness: “With the opening of Abaxx Exchange and Clearinghouse, we are excited to support Singapore’s leadership in futures and derivatives markets.”
Flexibility for Future Growth
Exberry’s cloud-based modular set-up enables Abaxx to dynamically scale resources, facilitating speedy roll-out of new products such as battery materials and gold futures. Its configurable codebase supports a range of matching algorithms, real-time risk monitoring, and bespoke trading tools designed to meet the unique demands of commodity-based instruments.
Market Innovation through Agility
Dan McElduff, President of Abaxx Exchange, noted: “Solving fundamental problems in today’s global commodity and energy markets requires cloud-based solutions with precision at an expeditious pace; we found that in Exberry.”
With Exberry’s technology, Abaxx can turn market concepts into live products with remarkable speed. The collaboration highlights what’s possible when exchanges embrace flexible, cloud-based infrastructure—shrinking time-to-market and giving Abaxx a clear edge in capturing emerging opportunities across global commodities.
Case Study: How Abaxx Built a Next-Gen Commodity Futures Exchange
When Abaxx set out to build a futures exchange for the energy transition, speed to market and regulatory precision were non-negotiable.
In partnership with Exberry, they launched a fully cloud-agnostic, regulation-ready trading platform in just six months, enabling new benchmarks across LNG, carbon, battery metals, and gold.
Innovation Spotlight: Modernising Exchanges – An Integration Case Study
What separates successful exchange transformation from failed attempts? The ability to weave new functionality into complex, mission-critical environments without disruption determines viability. Integration capability, rather than technology replacement alone, sits at the heart of modernisation.
The Importance of Integration for the Modernisation of Exchanges
Trading venue margins have declined nearly 80% over the past decade, with Accenture emphasising that “to thrive amid increased competition and capture the value of emerging technologies like generative AI, exchanges need a digital core that is reinvention ready”. These twin pressures shape every strategic decision facing market operators today.
