SINGAPORE’S ABAXX TO LAUNCH SILVER FUTURES CONTRACT FRIDAY, MAY 22

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1,000 OZ FOUR-NINES SILVER CONTRACTS TO BE US DOLLAR DENOMINATED


 
COMEX IS GETTING ANOTHER REAL COMPETITOR IN ASIA:


“Abaxx to Launch Silver Singapore Futures on May 22, 2026
New 1,000 oz, four-nines silver contract expands Abaxx’s precious metals product suite
 
TORONTO and SINGAPORE, May 18, 2026 — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Exchange will launch Abaxx Silver Singapore futures on May 22, 2026, expanding Abaxx’s precious metals product suite.
 
The #Abaxx Silver Singapore futures contract is purpose-built for the commercial requirements of the global industrial silver market, providing standardized reference pricing and risk management tools aligned with physical market practices. 
 
The contract is designed to provide a globally accessible benchmark for price discovery and hedging, with physical delivery in Singapore, intended to support Asian industrial trade flows. The Abaxx Silver Singapore (SSP) futures contract is a U.S. dollar-denominated, 1,000 troy ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore.
 
“Silver is no longer only a precious metal story. It is increasingly tied to the industrial inputs behind solar, electronics, and advanced manufacturing,” said Russell Robertson, Chief Business Development Officer of Abaxx Exchange.
 
“As those supply chains grow, commercial participants need pricing and risk management tools that connect more directly to the physical silver they source and use.
 
The #AbaxxSilver Singapore futures contract is designed to close that gap with a physically deliverable contract built around higher-purity silver and delivery in #Singapore.”

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