TORONTO, Feb. 01, 2024 Abaxx Technologies Inc. , a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. , the owner of Abaxx Commodity Exchange.
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<p><span>On 2 December 2021, the Exchange Council of the European Energy Exchange (EEX) held its last meeting of the year, chaired by Dr. Bernhard Walter, Head of Market Design and Regulatory Affairs at EnBW AG.</span></p>
EEX To Expand Dry Bulk Freight Portfolio With Launch Of Handysize 7TC Futures Date
19/04/2021
The European Energy Exchange (EEX) will expand its range of products for the Dry Bulk Freight market with the launch of Handysize 7TC Freight Futures which will be available for Trade Registration from today (19th April).
Following a period of strong growth in the charter market, the new Handysize contract will help customers manage their exposure by enabling them to clear Forward Freight Agreement (FFA) trades for the 38,000-dwt Handysize Time Charter basket of routes.
The launch of the new contract follows an 18-month period of sustained growth for EEX’s Dry Bulk Freight business with 2020 marking its most successful year to date, achieving an annual trading volume of 789,921 lots. This strong development has continued into 2021, with the business setting a new all-time monthly record in March with 122,544 lots traded.