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
   13   14   15   16   17   18   19   20   21   22   23