Abaxx Exchange Sees Monthly High Trading Volume in October 2026
1 report, 1 independent
Updated Nov 4
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What happened
Total trading volume on the Abaxx Exchange reached 787,896 contracts in October 2026, marking a monthly high. Gold Singapore futures accounted for 598,779 contracts, which was 10% above the previous monthly high set in July. For the six months ending October 31, trading volume reached 2,943,439 contracts, and average daily open interest more than doubled, rising to 739 contracts from 412 in September.
From manilatimes.net
Why it matters
The significant increase in average daily volume and open interest indicates heightened market activity and liquidity within the commodity futures market. The volume in Gold Singapore futures rose 238% compared to September, demonstrating a strong start to the fourth quarter for the exchange.
From manilatimes.net
Who's involved
- EXCHANGEThe venue where commodity futures, including Gold Singapore futures, are traded.