Abaxx Exchange
abaxx

header

Resources

Exchange

Overview

Licensed as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore, Abaxx Exchange provides a marketplace for physically delivered commodity futures.

Trading Hours

Trading Hours (SGT)

Time Activity
Pre-open session 09:30
Market open 10:00
Market close 00:00

Trading Holidays

Abaxx Exchange and Clearing are open Mondays to Fridays, except on the days stipulated below. Trading and Clearing activities will not be available on these dates.

 

Holiday Schedule for Year 2024

Holiday Date Day of the Week
Christmas Day 25-Dec-2024 Wednesday

Holiday Schedule for Year 2025

Holiday Date Day of the Week
New Year's Day 01-Jan-2025 Wednesday
Chinese New Year 29-Jan-2025 Wednesday
Chinese New Year 30-Jan-2025 Thursday
Hari Raya Puasa 31-Mar-2025 Monday
Good Friday 18-Apr-2025 Friday
Labour Day 01-May-2025 Thursday
Vesak Day 12-May-2025 Monday
Hari Raya Haji 06-Jun-2025 Friday
National Day 09-Aug-2025 Saturday
Deepavali 20-Oct-2025 Monday
Christmas Day 25-Dec-2025 Thursday

Holiday Schedule for Year 2026

Holiday Date Day of the Week
New Year's Day 01-Jan-2026 Thursday
Chinese New Year 17-Feb-2026 Tuesday
Chinese New Year 18-Feb-2026 Wednesday
Hari Raya Puasa 20-Mar-2026 Friday
Good Friday 03-Apr-2026 Friday
Labour Day 01-May-2026 Friday
Hari Raya Haji 27-May-2026 Wednesday
Vesak Day (Observed) 01-Jun-2026 Monday
National Day (Observed)  10-Aug-2026 Monday
Deepavali (Observed)  09-Nov-2026 Monday
Christmas Day 25-Dec-2026 Friday

 

 

 

 

 

Order Types

Order types based on price (e.g., Limit, Market) or time (e.g., Day, Good Till Cancel, Good Till Date) and are matched by the trading system on a "price-time" priority basis. This standardises and ensures transparency to members on the matching criteria utilised.

  • Limit: The order is being sent with a specific price. A buy order will be executed with the requested price or lower price. A sell order will be executed with the requested price or higher price.
  • Market: The order is attempted filled at the best price in the market. Partial filling is allowed. In the case that not all the amount can be filled, the residual amount will be cancelled.
  • Stop: A stop order is a market order that will remain suspended (will not be entered into the order book) until the stop price is reached. Once triggered, it will be treated similarly to a regular market order.
  • StopLimit: A stop limit order is a limit order that will remain suspended (will not be entered into the order book) until the stop price is reached. Once triggered, a stop limit order will be treated as a regular limit order.

Time in force:

  • GTC - Good Till Cancel (resting on the book till cancellation)
  • GTD - Good Till Date (at given time (expiry date) order will be automatically cancelled)
  • FOK - Fill Or Kill (all or nothing)
  • IOC - Immediate or Cancelled (allows partial fills)
  • GAA - Good At Auction can be captured only during auctions and will expire after the auction in case it is not filled
  • DAY - Order will be automatically cancelled when trading day is closed

 

Type GTC GTD FOK IOC GAA Day
Limit

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Market

Icons8 Wrong 48

Icons8 Wrong 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Wrong 48

Icons8 Wrong 48

Stop

Icons8 Wrong 48

Icons8 Wrong 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Wrong 48

Icons8 Wrong 48

Stop limit

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Check Mark 48

Icons8 Wrong 48

Icons8 Check Mark 48

Trading Protection

In order to mitigate the occurrence of "fat finger errors" at the time of order input, the Exchange will stipulate/prescribe trading protection limit(s) in whole numbers that will apply for trading access across the Exchange.

 

Contracts Trading Protection Limits
LNG Gulf of Mexico (GOM) Futures 500
LNG North Pacific Asia (NPA) Futures 500
LNG Northwest Europe (NWE) Futures 500
Jurisdictional Baseline-Related REDD+21-25 Carbon Mitigation Outcome Unit (RD1) Futures 500
CORSIA Phase 1 Labelled Carbon (CP1) Futures 500

 

Static Price Limits

 

Contracts Static Price Limits
LNG Gulf of Mexico (GOM) Futures 25%
LNG North Pacific Asia (NPA) Futures 25%
LNG Northwest Europe (NWE) Futures 25%
Jurisdictional Baseline-Related REDD+21-25 Carbon Mitigation Outcome Unit (RD1) Futures 25%
CORSIA Phase 1 Labelled Carbon (CP1) Futures 25%

 

abaxx

iconiconicon

Registered Office: 168 Robinson Road, Capital Tower #12-08, Singapore 068912

Copyright © 2023 Abaxx Exchange Pte Ltd and Abaxx Clearing Pte Ltd. All rights reserved

Version 1.0.0