Ms. Tara Hayes reports
ABAXX EXCHANGE REPORTS A STRONG START TO FOURTH QUARTER TRADING VOLUMES, WITH OCTOBER SURPASSING JULY'S RECORD MONTHLY HIGH
Abaxx Technologies Inc. has had October trading volume of 787,896 contracts on Abaxx Exchange, surpassing the previous monthly high of 785,129 contracts in July.
Total trading volume rose 119 per cent from September, led by gold Singapore futures:
-
Gold Singapore futures traded 598,779 contracts in October, up 238 per cent from September and 10 per cent above the previous monthly high of 543,100 contracts in July.
-
Compared with September, silver Singapore futures volume increased 18 per cent to 142,068 contracts, Corsia phase 1 futures volume increased 12 per cent to 3,090 contracts and lithium carbonate Singapore futures volume increased 2 per cent to 6,127 contracts. Combined liquefied natural gas volumes fell 28 per cent from September's record high to 37,782.
-
Across all products, average daily open interest rose to 739 contracts in October from 412 in September.
-
While the percentage of volume in outright trades fell to 13 per cent in October from 22 per cent in September, the total volume in outright trades rose to a new monthly high of 99,886 contracts, up from 78,811 contracts in September.
Six-month ADV rose to 23,176 contracts per day from 4,524 in the preceding six months
Because monthly activity levels can fluctuate considerably in new and growing markets, the company continues to guide investors to assess trading activity growth over a longer horizon, such as six months. From May through October, 2026, trading volume totalled 2,943,439 contracts, compared with 556,437 from November, 2025, through April, 2026. Across the same periods, average daily open interest more than doubled, from 385 to 809 contracts. On a year-over-year basis, ADV rose from 1,446 contracts per day in October, 2025, to 35,813 in October, 2026.
"It has been another record month. We'll have stronger months and weaker months, but the liquidity we have developed continues to attract global commercial trading firms," said Joe Raia, president of Abaxx Exchange, "I've seen and done this before. Every month that we create the conditions for commercials to trade, we'll see more engagement, more on-boarding and ultimately more commercial trading."
About Abaxx Technologies
Inc.
Abaxx Technologies is building smarter markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges faced as a society, including the energy transformation and the transition to an artificial-intelligence-augmented economy.
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 and creator of Abaxx Labs and the SmarterMarkets podcast.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.