Retrieved on:
Tuesday, January 30, 2024
SINGAPORE, Jan. 30, 2024 (GLOBE NEWSWIRE) -- StoneX Financial Pte Ltd (“StoneX”), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), and Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx”), today announced that StoneX has become the first approved clearing and trading member of Abaxx’s indirectly held, majority-owned Singapore-based exchange (“Abaxx Exchange”) and clearinghouse (“Abaxx Clearing”), introducing centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”).
Key Points:
- SINGAPORE, Jan. 30, 2024 (GLOBE NEWSWIRE) -- StoneX Financial Pte Ltd (“StoneX”), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), and Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx”), today announced that StoneX has become the first approved clearing and trading member of Abaxx’s indirectly held, majority-owned Singapore-based exchange (“Abaxx Exchange”) and clearinghouse (“Abaxx Clearing”), introducing centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”).
- This will enable StoneX clients to be the first market participants to benefit from Abaxx’s market price discovery and enhanced risk management tools for energy transition-related commodities.
- Nancy Seah, CEO, Abaxx Exchange said: “The Abaxx team is thrilled to have StoneX lead the way as the first clearing member of Abaxx Exchange and Abaxx Clearing.
- Having a world class firm like StoneX as our first clearing member reaffirms the Abaxx mission of bringing smarter markets to our collective customers.”
Retrieved on:
Wednesday, March 22, 2023
MIAMI, SINGAPORE and ABU DHABI, UAE, March 22, 2023 /PRNewswire/ -- StoneX Group Inc. ("StoneX") and AirCarbon Pte. Ltd. ("ACX") have signed an agreement to create a digital carbon marketplace in the United States as part of the StoneX platform. The new digital carbon marketplace will enable StoneX clients to access markets and trade carbon over a transparent and seamless solution.
Key Points:
- Ltd. ("ACX") have signed an agreement to create a digital carbon marketplace in the United States as part of the StoneX platform.
- The new digital carbon marketplace will enable StoneX clients to access markets and trade carbon over a transparent and seamless solution.
- StoneX will create and operate the digital carbon marketplace utilizing ACX's existing technology infrastructure, which includes order matching and clearing and settlement of carbon trades.
- StoneX will work with ACX to develop the specifications for the carbon contracts to be traded in the new digital carbon marketplace.
Retrieved on:
Wednesday, March 22, 2023
MIAMI, SINGAPORE and ABU DHABI, UAE, March 22, 2023 /PRNewswire/ -- StoneX Group Inc. ("StoneX") and AirCarbon Pte. Ltd. ("ACX") have signed an agreement to create a digital carbon marketplace in the United States as part of the StoneX platform. The new digital carbon marketplace will enable StoneX clients to access markets and trade carbon over a transparent and seamless solution.
Key Points:
- Ltd. ("ACX") have signed an agreement to create a digital carbon marketplace in the United States as part of the StoneX platform.
- The new digital carbon marketplace will enable StoneX clients to access markets and trade carbon over a transparent and seamless solution.
- StoneX will create and operate the digital carbon marketplace utilizing ACX's existing technology infrastructure, which includes order matching and clearing and settlement of carbon trades.
- StoneX will work with ACX to develop the specifications for the carbon contracts to be traded in the new digital carbon marketplace.
