Singapore: Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, and Stellar Trading Systems Ltd (Stellar) have announced the successful completion of full connectivity between Stellar’s trading platforms and the Abaxx Exchange.

According to BERNAMA News Agency, Stellar is now the latest trading technology provider to offer access to Abaxx Exchange. This development links Abaxx’s expanding suite of commodity futures contracts with Stellar’s low-latency execution solutions.

Abaxx Exchange Chief of Markets, Shanmei Lim, emphasized that the connection of Stellar’s global client base to Abaxx’s new commodity futures benchmarks broadens market access and strengthens the commercial ecosystem forming around Abaxx’s contract portfolio.

Stellar Chief Executive Officer, Steve Thomas, noted that the integration introduces Stellar’s high-performance trading environment-utilized by institutions, brokers, and proprietary firms demanding speed and precision-to Abaxx markets. This is achieved through infrastructure connected to more than 60 global venues.

Stellar’s established connectivity to major gold futures markets and non-deliverable forward gold liquidity aligns with Abaxx’s precious metals suite, which includes Singapore’s only physically deliverable, US dollar-denominated gold futures contract.

Additionally, Stellar’s infrastructure for trading battery materials complements Abaxx’s expanding portfolio of contracts in the sector. Trading firms already active in these markets through Stellar can now extend their activities to Abaxx’s futures benchmarks via a connected trading environment.

Abaxx is the majority shareholder of Abaxx Singapore Pte Ltd, which owns Abaxx Commodity Exchange and Clearinghouse and produces the SmarterMarkets Podcast.