Business
Enwex ERCOT Onshore Wind Futures Now Live for Trading on Abaxx Exchange
TORONTO, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (...
About this update from Abaxx Technologies Inc
[{"type":"text","content":"Enwex ERCOT Onshore Wind Futures Now Live for Trading on Abaxx ExchangeThe contract brings weather-indexed hedging tools to the largest competitive electricity system in the United States.\nTORONTO, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that trading has commenced in Enwex ERCOT Onshore Wind (EWM) futures, extending Abaxx’s weather-indexed markets into the United States. The Electric Reliability Council of Texas (ERCOT) has become one of the fastest-growing renewable power systems globally, with Texas leading the United States in installed wind capacity and total wind-generated electricity. The EWM contract gives market participants a focused hedge against weather-driven volume swings and grid-imposed curtailment, isolating wind-specific risk from broader power market drivers. “Texas produces roughly a quarter of U.S. wind power, making ERCOT the most consequential wind market in the country,” said Joe Raia, Chief Commercial Officer of Abaxx Exchange. “Abaxx’s EWM contract establishes a forward curve that enables market participants to hedge utilization risk while supporting revenue stability for wind producers.” Enwex ERCOT Onshore Wind (EWM) Futures are available for trading from 1000 to 2400 SGT, Monday to Friday, except for Singapore public holidays. View contract details, connected clearing and broker firms, and request market access at abaxx.exchange/resources/start-trading. About Abaxx TechnologiesAbaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abax...