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Abaxx to Launch Enwex United Kingdom Onshore Wind Futures on December 12, 2025
TORONTO, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (...
About this update from Abaxx Technologies Inc
[{"type":"text","content":"Abaxx to Launch Enwex United Kingdom Onshore Wind Futures on December 12, 2025The launch expands a growing suite of weather-indexed benchmarks designed to support hedging and risk management across global power markets\n\n\n\n TORONTO, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“\n \n Abaxx\n \n ” or the “\n \n Company\n \n ”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“\n \n Abaxx Singapore\n \n ”), 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 that Abaxx Exchange will launch its Enwex United Kingdom Onshore Wind (UWM) futures contract on December 12, 2025, expanding its weather-indexed futures offering, pending U.S. Commodity Futures Trading Commission (\"\n \n CFTC\n \n \") regulatory review.\n \n\n Abaxx’s United Kingdom Onshore Wind (UWM) futures are the second weather-indexed product developed under Abaxx’s partnership with\n \n\n Enwex\n \n\n (Energy Weather Index). The contract provides a standardized benchmark for managing weather-driven volume risk in one of Europe's most wind-dependent power systems, where Atlantic weather patterns and seasonal variability materially influence generation and hedging outcomes. UWM is a pound sterling-denominated, financially-settled futures contract indexed to Enwex Wind United Kingdom, a forecast-based index that translates wind speed at 100m into standardized generation utilization rates, expressed in £/MWh.\n \n\n \"Following the launch of our German Wind futures in November, UWM extends this suite of weather-indexed benchmarks into another major European wind market, where wind plays an even larger role in the generation mix,” said Joe Raia, Chief Commercial Office of Abaxx Exchange. “Centrally cleared contracts designed around regional weather dynamics strengthen the foundation for hedging renewable generation risk.\"\n \n\n\n About Abaxx Technologies\n \n\n Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to...