Kitco News) – Abaxx Technologies announced Friday that trading has officially commenced in its Silver Singapore (SSP) futures contract, marking the latest step in the company’s effort to position Singapore as a major global hub for precious metals trading and price discovery.
The new contract is designed to bridge what Abaxx describes as a growing disconnect between traditional global silver benchmarks and the evolving physical requirements of industrial users across Asia.
Abaxx executives have argued that the traditional North American and London-centric silver market structure is becoming less aligned with the realities of global industrial demand. The company has emphasized that higher-purity “four-nines” silver products are becoming increasingly important for advanced manufacturing applications, particularly in Asia’s technology supply chain.
https://www.kitco.com/news/article/2026-05-22/trading-abaxxs-silver-singapore-futures-kicks
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