Abaxx Commodity Futures Exchange and Clearinghouse
Daniel McElduff is the President of Strategy and Development at Abaxx Exchange, where he focuses on introducing centrally cleared, physically delivered futures contracts and derivatives to improve price signals and risk management in energy and commodity markets. He is also an Editorial Board Member at SmarterMarkets, a community aiming to redesign systems for a more connected world. Previously, he served as an Advisor at Abaxx Technologies and held various senior positions at companies like State Street Bank, ELX Futures L.P., and Morgan Stanley. Daniel holds a BS in Finance from Marist College.
This person is not in any offices
Abaxx Commodity Futures Exchange and Clearinghouse
Abaxx Commodity Futures Exchange and Clearinghouse (Abaxx Exchange) introduces centrally cleared, physically delivered futures contracts and derivatives to deliver better price signals, better risk management and an enhanced market ecosystem enabling energy and commodity markets to accelerate the energy transition. Licensed as an Recognised Market Operator (RMO) and an Approved Clearinghouse (ACH) by the Monetary Authority of Singapore, the Exchange's initial focus is global LNG and Carbon and Nickel benchmarks followed by continued solutions for Battery Metals. Tomorrow’s energy transition is happening today, resulting in a generational opportunity to build new exchange market infrastructure. The global energy transition is bolstering demand for key commodities such as LNG, carbon credits, and battery metals however, strong demand and uncertain supply, coupled with a lack of effective market infrastructure and risk management tools for many growth commodities has led to several market problems. Abaxx provides solutions to directly address key exchange landscape problems and will operate the only commodity-only futures exchange and clearinghouse based in APAC (excluding China) solely dedicated to physical delivery commodity futures. Abaxx Exchange will deploy evolutionary risk management tools that not only keep pace with market innovation, but set the innovation standard. The tools we are building are designed to meet a host of energy and metals market participants exactly where they are — providing solutions infused with traditional risk management and enhanced with tech-enabled improvements to transaction velocity and data security that resonate across a multi-faceted and functionally tailored trading ecosystem.