Abaxx Technologies, a financial software and market infrastructure company and indirect majority shareholder of Abaxx Singapore, which owns Abaxx Commodity Exchange and Clearinghouse, reported record liquefied natural gas (LNG) futures activity across its physically deliverable Gulf of Mexico FOB (GOM FOB) and North Pacific Asia DAP (NPA DAP) contracts in May.
Total Abaxx Exchange volume reached 286,696 contracts in May 2026, setting a new monthly record and increasing 12 percent compared to April 2026.
May volume exceeded total first-quarter 2026 volume by 21 percent and total full-year 2025 volume by 78 percent.
Average daily volume (ADV) reached 15,089 contracts in May 2026, setting a new monthly ADV record and increasing 24 percent over the April 2026 ADV of 12,173 contracts per day.
The May ADV was nearly four times the first-quarter 2026 ADV of 3,872 contracts per day.
Combined volume across Abaxx’s LNG futures contracts reached 41,453 contracts in May, a new monthly high across GOM FOB and NPA DAP futures.
This is equivalent to over 40 percent of global JKM futures volume across other exchanges during the month.
Abaxx’s three LNG benchmarks, introduced in June 2024, were designed to close structural gaps in market design and support participants managing delivered cargo exposure and regional pricing risk.
All contracts are USD-denominated, 10,000 MMBtu futures, with the GOM Futures contract listed on an FOB basis while the NPA and NWE contracts are listed on a DAP basis across their respective delivery regions.
(This sponsored article was written by Abaxx Technologies with assistance from LNG Prime.)
