Abaxx Exchange Reports a Strong Start to Fourth Quarter Trading Volumes, with October Surpassing July’s Record Monthly High
Six-month trading volume reached 2,943,439 contracts, compared with 556,437 in the preceding six months.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Abaxx Technologies (OTCQX:ABXXF) reported record October trading volume of 787,896 contracts on Abaxx Exchange, exceeding the previous July high.
Volume rose 119% from September, surpassing July’s 785,129 contracts. Gold Singapore futures led activity with 598,779 contracts, up 238% from September and 10% above July’s high. Silver, CORSIA Phase 1 and lithium carbonate futures volumes also increased, while combined LNG volumes fell 28% from September’s record. October average daily volume reached 35,813 contracts, 53% above the third-quarter average of 23,420. Average daily open interest—outstanding contracts—rose to 739 from 412 in September.
For May–October 2026, volume totaled 2,943,439 contracts, versus 556,437 in the preceding six months. Average daily volume increased to 23,176 from 4,524, while average daily open interest rose to 809 from 385. Outright trading volume reached a monthly high despite a lower share of total activity.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointOctober trading volume reached a record 787,896 contracts, up 119% from September and above July’s 785,129.
- Moderate pointAverage daily open interest increased to 739 contracts in October from 412 in September.
- Moderate pointMay–October 2026 volume totaled 2,943,439 contracts, versus 556,437 during November 2025–April 2026.
- Minor pointGold Singapore futures volume reached 598,779 contracts, up 238% from September and 10% above July’s 543,100 high.
- Minor pointSilver Singapore futures volume increased 18% from September to 142,068 contracts.
7 minor points
- Minor pointCORSIA Phase 1 futures volume increased 12% from September to 3,090 contracts.
- Minor pointLithium Carbonate Singapore futures volume increased 2% from September to 6,127 contracts.
- Minor pointOctober average daily volume reached 35,813 contracts, 53% above the third-quarter average of 23,420.
- Minor pointOctober average daily volume rose to 35,813 contracts from 1,446 in October 2025.
- Minor pointOutright volume hit a record 99,886 contracts versus September’s 78,811; its share fell to 13% from 22%.
- Minor pointSix-month average daily volume rose to 23,176 contracts for May–October 2026, from 4,524 in the preceding six months.
- Minor pointMay–October average daily open interest rose to 809 contracts from 385 in the preceding six months.
Negative
- Minor pointCombined LNG volume fell 28% from September’s record high to 37,782 contracts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- October trading volume reached a monthly high of 787,896 contracts, led by a resurgence in trading of Gold Singapore futures, which traded 598,779 contracts,
10% above its previous monthly high in July. - October marked a strong start to the fourth quarter, with average daily volume (ADV) reaching 35,813 contracts,
53% above the third-quarter average of 23,420. - For the six months ended October 31, trading volume reached 2,943,439 contracts, up from 556,437 in the preceding six months, while average daily open interest more than doubled.
TORONTO, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (TSX:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today reported October trading volume of 787,896 contracts on Abaxx Exchange, surpassing the previous monthly high of 785,129 contracts in July.
Abaxx Exchange ADV by month
Total trading volume rose
- Gold Singapore (GKS) futures traded 598,779 contracts in October, up
238% from September and10% above the previous monthly high of 543,100 contracts in July. - Compared with September, Silver Singapore (SSP) futures volume increased
18% to 142,068 contracts, CORSIA Phase 1 (CP1) futures volume increased12% to 3,090 contracts, and Lithium Carbonate Singapore (LCS) futures volume increased2% to 6,127 contracts. Combined LNG volumes fell28% from September’s record high to 37,782. - Across all products, average daily open interest rose to 739 contracts in October from 412 in September.
- While the percentage of volume in outright trades fell to
13% in October from22% in September, the total volume in outright trades rose to a new monthly high of 99,886 contracts, up from 78,811 contracts in September.
Abaxx Exchange average daily volume, by quarter from Q3 2025 to Q3 2026 and for the month of October 2026
Six-month ADV rose to 23,176 contracts per day from 4,524 in the preceding six months
Because monthly activity levels can fluctuate considerably in new and growing markets, the Company continues to guide investors to assess trading activity growth over a longer horizon, such as six months. From May through October 2026, trading volume totaled 2,943,439 contracts, compared with 556,437 from November 2025 through April 2026. Across the same periods, average daily open interest more than doubled, from 385 to 809 contracts. On a year-over-year basis, ADV rose from 1,446 contracts per day in October 2025 to 35,813 in October 2026.
“It's been another record month. We'll have stronger months and weaker months, but the liquidity we have developed continues to attract global commercial trading firms,” said Joe Raia, President of Abaxx Exchange, “I’ve seen and done this before. Every month that we create the conditions for commercials to trade, we’ll see more engagement, more onboarding, and ultimately more commercial trading.”
About Abaxx Technologies
Abaxx Technologies Inc. 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 transformation and the transition to an AI-augmented economy.
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 Abaxx Exchange and Abaxx Clearing, parent company of wholly owned subsidiaries Abaxx Spot and Adaptive Infrastructure, and founder and creator of Abaxx Labs and the SmarterMarkets™ podcast.
For more information, visit investors.abaxx.tech.
Media Inquiries
Tara Hayes
tara@abaxx.tech
Investor Inquiries
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech
Cautionary Statement Regarding Forward-Looking Information
This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian and United States securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “propose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.
In particular, this press release contains forward-looking statements including, without limitation, statements regarding Abaxx’s objectives and future plans, trading volume on Abaxx Exchange and the increased participation of market participants on Abaxx Exchange. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Factors that could cause actual results to differ materially include, among others: risks relating to the global economic climate; the risk that trading volume, average daily volume, and open interest on Abaxx Exchange may not continue to grow, or may decline, if the liquidity-related credits provided under Abaxx’s market maker and liquidity provider programs are reduced, discontinued, or otherwise changed, or if market participants who currently trade on Abaxx Exchange in connection with such programs do not continue to trade, or do not increase their trading activity, independently of such programs; failure or delays related to the onboarding of clearing members; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of intellectual property and proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; the failure of energy, commodity markets and collateral use cases to develop according to the expectations of Abaxx; risks related to operations in foreign jurisdictions; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third-party software license risk; system failure risk; risk of technological change; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; volatile securities markets impacting security pricing unrelated to operating performance; changes in global weather patterns; changes in the price of commodities, capital market conditions, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. In addition, particular assumptions which could impact future results of the business of Abaxx include, but are not limited to, Abaxx’s assumption that: market conditions will be supportive and participant demand will be sustained; trading volume and liquidity on Abaxx Exchange will continue to develop over time, independently of its market maker and liquidity provider programs; additional clearing members will complete onboarding and begin clearing activities according to Abaxx’s expectations; Abaxx will be able to execute its business plan and growth strategy; Abaxx will retain or successfully replace its key personnel; Abaxx will protect its intellectual property rights; energy and commodity markets will continue to develop according to Abaxx’s expectations; collateral use cases for Abaxx’s products will develop in line with Abaxx’s expectations; the demand for centrally cleared, physically deliverable futures and derivatives will grow as anticipated; regulatory approvals required for Abaxx’s products and operations will remain in good standing or will be obtained as required; applicable laws and regulations will not change in a way that adversely affects Abaxx’s business, and that its technology, systems and infrastructure will operate as intended without significant failure, security breach or disruption; third-party service providers, clearing and settlement partners and other service providers will continue to perform their obligations and act according to Abaxx’s expectations; general economic and capital market conditions, commodity prices, currency exchange rates and the supply chain environment will not deteriorate in a way that materially affects Abaxx or its participants, and that Abaxx’s competitive environment will not change materially. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.
Abaxx cautions that the foregoing list of material factors, risks and assumptions is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that any of the measures described in this release will be effective or will increase liquidity, participation or commercial adoption, or that such assumptions will reflect the actual outcome of such items or factors. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The forward-looking statements and information contained in this press release represent the expectations of Abaxx as of the date of this press release and, accordingly, are subject to change after such date. Abaxx undertakes no obligation to update or revise any forward- looking statements and information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Neither the Toronto Stock Exchange nor any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/07e9ac38-0833-487c-ae0f-0026a799d72e
https://www.globenewswire.com/NewsRoom/AttachmentNg/1653dc0a-3e42-4769-9432-2fbf48b1bd67
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was Abaxx Exchange’s October 2026 trading volume?
Abaxx Exchange traded 787,896 contracts in October 2026, exceeding July’s previous monthly high of 785,129. Total volume increased 119% from September, led by Gold Singapore futures.
Why does Abaxx recommend assessing trading activity over six months?
Abaxx recommends a longer horizon, such as six months, because monthly activity can fluctuate considerably in new and growing markets.