Abaxx to launch nickel sulfate futures by year-end, president says

Abaxx Exchange Pte Ltd plans to launch its new nickel sulfate futures contract by the end of this year and is looking at other contracts in the battery raw materials space, its president told Fastmarkets in a recent interview.

The contract is now subject to regulatory review and an approval process by the Monetary Authority of Singapore (MAS), where Abaxx is based.

“We’re internally and operationally ready, with the...