Abaxx Technologies Inc. Secures Foreign Board of Trade Status, Expanding U.S. Futures Access

Abaxx Technologies Inc. (CBOE:ABXX, OTCQB:ABXXF) announced on November 25 that the U.S. Commodity Futures Trading Commission (CFTC) has granted its Abaxx Exchange registration as a Foreign Board of Trade (FBOT). This designation permits U.S.-based futures commission merchants, brokers, and trading firms to access Abaxx Exchange’s regulated markets directly for the first time, eliminating the need for intermediary clearinghouses and simplifying cross‑border derivatives trading.

Regulatory Milestone

The CFTC’s approval signals that Abaxx Exchange meets U.S. regulatory standards for market infrastructure, risk management, and transparency. By becoming an FBOT, the exchange can now offer physically‑deliverable futures products to the largest derivatives trading community in North America. The move is expected to accelerate liquidity, broaden market participation, and position Abaxx as a competitive alternative to legacy U.S. exchanges.

Strategic Implications

Abaxx’s core competency lies in financial software and market infrastructure. The FBOT status dovetails with the company’s broader strategy of expanding its global footprint beyond its existing Singapore‑based platform. Access to U.S. futures firms is likely to:

  • Increase trading volume by attracting institutional traders familiar with CFTC‑regulated venues.
  • Enhance product diversification as the exchange can now list additional commodity futures tailored to U.S. market demand.
  • Bolster revenue streams through clearing and settlement fees associated with a larger participant base.

This development also aligns with Abaxx’s mission to provide groundbreaking solutions that enable more efficient, sustainable, and reliable financial markets worldwide.

Market Context

As of the close on November 25, Abaxx’s stock traded at $41.93, reflecting a 52‑week high of $39.09 and a 52‑week low of $5.95. The company’s market capitalization stands at approximately $1.63 billion. Despite a negative price‑earnings ratio of –23.6—indicative of current earnings volatility—investors are watching the company’s regulatory advancements and potential for increased trading activity.

Forward‑Looking Perspective

With the FBOT designation, Abaxx is poised to capitalize on the growing demand for cross‑border derivatives products and the need for robust, technologically advanced trading platforms. The company’s established reputation for cutting‑edge market infrastructure, combined with the regulatory endorsement from the CFTC, positions it favorably to capture a significant share of the U.S. futures market in the coming fiscal year.