Page 18 - Bullion World Volume 5 Issue 06 June 2025
P. 18
Bullion World | Volume 5 | Issue 06 | June 2025
B ullion W orld | V olume 5 | I ssue 06 | J une 2025
Introducing Smarter Gold Markets
Gold has earned trust across borders for millennia, but the systems that support its trade haven’t caught up
to today’s global flows.
Despite Asia’s dominant share of physical gold demand, pricing and settlement infrastructure remains
anchored to legacy contracts, delivery locations, and market hours in New York and London. The result:
persistent price mismatches, inefficient hedging, and growing friction for the participants who rely on
physical gold every day.
Abaxx Exchange and Abaxx Spot are introducing co-located infrastructure in Singapore, including a
physically-deliverable kilobar futures contract and a spot physical gold pool, to address these structural gaps
and realign global gold markets with the realities of 21st-century trade.
Physically-Deliverable Abaxx Spot: Modern
Futures Designed For Infrastructure For
The Kilobar Market Physical Gold
Launching June 12, 2025, Abaxx Singapore Gold Launching alongside the new futures contract, Abaxx
Futures are purpose-built for the needs of Asia’s Spot is a physically-allocated precious metals trading
physical bullion trade. The contract is U.S. dollar- platform built to mitigate settlement risk in physical
denominated, kilobar-sized, and physically deliverable transactions. The platform facilitates secure physical
into approved vaults in Singapore, one of the world’s transactions, efficient OTC transfers of kilobars, and
leading gold trading hubs. transparent access through a pre-funded central limit
order book (CLOB).
Legacy futures contracts remain tied to the formats
and delivery standards of Western markets, even as Initial services begin June 12, 2025 when Abaxx Spot
kilobars have become the dominant settlement unit in opens its Singapore kilobar pool. Abaxx Spot expands
Asia. By aligning contract specifications with regional participation in the global gold market by enabling
trading norms, Abaxx Singapore Gold Futures offer a users to settle trades and transfers electronically
benchmark better suited to all firms managing price risk through a digitally integrated gold pool, with bullion
in the real physical market in Asia. held in approved Singapore vaults.
As the only physically-deliverable, U.S. dollar- By co-locating spot and futures infrastructure in
denominated gold futures contract based in Asia’s a single jurisdiction and settlement format, Abaxx
primary trading center, this product provides a supports convergence between physical and financial
regionally relevant tool for price discovery, hedging, markets, aligning delivery, settlement, and risk
and delivery, while offering global access to a contract management across the trade lifecycle.
designed for today’s trade flows.
18
18

