LNG cargo export indexed to Singaporean firm’s futures for the ‘first time’
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter (OTC) trade of its kind.
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