Smarter Energy starts with Smarter Markets

 

A new commodities futures exchange that improves price signals, risk management and supports the energy transition by grading and trading commodities based on their environmental, social and governance (ESG) attributes.

A Smarter Future for Energy starts with Smarter Markets

 

A new commodities futures exchange that improves price signals, risk management and supports the energy transition by grading and trading commodities based on their environmental, social and governance (ESG) attributes.

A smarter and more socially responsible approach to commodity benchmarks

A new commodities futures exchange that improves price signals, risk management and supports the energy transition by grading and trading commodities based on their environmental, social and governance (ESG) attributes.

Benchmarks

A liquified natural gas (LNG) futures contract for price discovery, risk management and to standardize terms of trade.

Execution

A trade venue to provide price discovery to un-benchmarked commodities, and regulated by the Monetary Authority of Singapore (MAS)

Clearing

Mitigating credit risk between buyers and sellers, Abaxx Clearing will centralize and facilitate trades regulated under MAS. 

A Global LNG Benchmark 

Transitioning from coal and oil to natural gas and renewables requires new tools for daily trading, hedging transparency, price discovery and liquidity for a globally synchronized energy market.

WHY LNG?

Liquified natural gas is the last unbenchmarked global energy market, despite being the only energy market that can facilitate the global energy transition. 

ABAXX MEMBERSHIP

Become an Abaxx Exchange Member as a trader or execution broker or clearing firm to apply for access to our new commodities exchange tools.

CLEARING MEMBERS (FCMs)

Become one of our clearing partners to facilitate trades with state of the art data encryption and user verification applications.

Executive Team

Nancy Seah

Abaxx Exchange Managing Director

Former Co-Head of the Trading Division at  Pavilion Energy and Head of Commodities Sales Asia, Goldman Sachs, Nancy brings extensive experience and relationships in risk management and energy derivatives trading. She holds a Chemical Engineering degree from the National University of Singapore.

Joe Raia

Chief Commercial Officer

An impressive background of commodities futures, Joe is a Former Managing Director, Head of Global Commodity Futures at Goldman Sachs and Global Head of Energy and Metals Futures and Options and CME/NYMEX. Prior to his tenure at the exchange, he was the Managing Director and Global Head of Energy Markets, RJ O’Brien & Associates

He holds a Bachelor of Science from SUNY Maritime Academy, USCG Master, All Oceans / All Tonnage

Dan McElduff

President, Strategy & Development

Former Senior Director at NYMEX Natural Gas, Clearport and Chief Regulatory Officer at the ELX Futures Exchange, Dan brings Natural Gas and Futures Exchange experience to guide the strategy and development of the Abaxx Exchange. He holds a Bachelor of Finance from Marist College.

Shanmei Lim

Vice President, Corporate Development

A former Director of Mirexa Capital and a strong background in FX Options Trading from her time at Barclays Bank, BGC Partners and Tullett Prebon. Shanmei brings her understanding of risk management, liquidity and derivatives to the Abaxx Exchange team.

She holds a Bachelor of Science in Mechanical Engineering from Carnegie Mellon University.

Gus Hadidi

Strategic Adviors, LNG

Formerly a Managing Partner at Enerleb Ventures, Gus brings a wealth of experience specific to LNG and Natural Gas commodities markets. He was part of the team at Fortress Investment Group, Energy Private Equity and Poten & Partners. He holds a Masters in Energy Economics and Chemical Engineering from Cornell University

Prashant Bhatnagar

Head of Exchange, Operations

Former VP of Operations for the Singapore Mercantile Exchange (SMX) with experience as an Operations Manager & Technology Development at National Stock Exchange of India Limited (NSEIL). Assistant VP, Clearing & Settlement Infrastructure, Singapore Exchange (SGX)

Tan Tock Siong

Chief Regulatory Officer

Tok is a former Chief Regulatory Officer, Asia Pacific Exchange and Singapore Mercantile Exchange/ICE. He was also the Singapore country Head of Compliance for the Bank of China, State Bank of India and Bank of Nova Scotia. He has held the position of Deputy Director/Lead Policy Analyst at the Monetary Authority of Singapore (MAS). 

Tok holds an MBA from Simon Business School.

Ryan Ingram

Chief Risk Officer

Ryan’s background is in regulatory analytics, risk policy, strategy and management. He supported the Hong Kong Exchange (HKEX) and served in a credit risk management and advisory role with Goldman Sachs. He also supported risk policy at ISDA, CME Clearing and CME Group.

Our Partners