StoneX Clears First Physical Delivery of Abaxx Gold Singapore Futures Contract
StoneX Financial Pte. Ltd. executed clearing for the first physical delivery under the Abaxx Gold Singapore Futures Feb 2026 contract between MTS Gold Group and Kilo Capital, with inventory transfer via Abaxx Spot. This milestone validates the contract’s function as an Asian physical gold benchmark and supports StoneX’s clearing expansion.
1. First Physical Delivery Completed
The Abaxx Gold Singapore Futures Feb 2026 contract achieved its first physical settlement on Abaxx Exchange, with delivery executed between MTS Gold Group and Kilo Capital. Clearing services were provided by StoneX Financial Pte. Ltd. alongside KGI Securities, and inventory transfer was handled through the Abaxx Spot platform.
2. StoneX’s Clearing Role Expands
StoneX Financial Pte. Ltd. served as the inaugural clearing member for this transaction, affirming its leadership in precious metals clearing services in Asia. The milestone underscores StoneX’s capabilities in managing physical settlement processes and enhances its credibility among institutional and commercial clients.
3. Regional Benchmark and Growth Outlook
This successful delivery cements the contract’s role as a regionally anchored benchmark for price discovery and commercial risk management in the Asian physical gold market. It also sets the stage for deeper liquidity, increased trading volumes, and potential fee revenue growth for StoneX’s clearing business.