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Abaxx Confirms Growing Trading Activity in its North Pacific-Asia (NPA DAP) and US Gulf of Mexico (GOM FOB) LNG Futures
TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX) (“ Abaxx ...
About this update from Abaxx Technologies Inc
[{"type":"text","content":"Abaxx Confirms Growing Trading Activity in its North Pacific-Asia (NPA DAP) and US Gulf of Mexico (GOM FOB) LNG FuturesParticipation continues to grow in the world’s only physically-backed LNG forward curves trading globally\n\n\n\n TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX) (“\n \n Abaxx\n \n ” or the “\n \n Company\n \n ”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “\n \n Abaxx Exchange\n \n ” and “\n \n Abaxx Clearing\n \n ”), and producer of the SmarterMarkets™ Podcast, today announced continued growth and trading activity in its Gulf of Mexico (GOM FOB) and North Pacific-Asia (NPA DAP) LNG Futures contracts on Abaxx Exchange.\n \n\n Trading volume in NPA DAP Futures reached 690 lots in the week ending October 17, 2025, while GOM FOB Futures increased to 2,394 lots. Total LNG volume rose more than 80 percent from August to September, with trading activity continuing to build in October.\n \n\n Since launch, total trading volume across GOM FOB Futures and NPA DAP LNG Futures contracts has reached 14,042 lots, representing approximately 140,420,000 MMBtu or $1.6B USD of notional value — equivalent to around 40 LNG cargoes. The Abaxx suite of physically-deliverable LNG futures, including the GOM FOB, NPA DAP, and Northwest Europe (NWE) DAP contracts, now provides regional price signals for terminals representing more than 80 percent of global LNG import capacity, giving market participants reliable forward curves aligned with real physical trade flows.\n \n\n “Abaxx’s LNG contracts are giving commercial participants a more effective way to manage regional price exposure,” said Joe Raia, Chief Commercial Officer, Abaxx Exchange. “By providing forward liquidity across both Atlantic and Pacific basins, these physically-deliverable futures are helping LNG traders hedge delivered cargo risk and improve price discovery across their LNG supply chain.”\n \n\n Abaxx’s three LNG benchmarks, introduced in June 2024, were designed to close structural gaps in market design and support participants managing delivered cargo exposure and regional pricing risk...