Market Share Comparisons

Abaxx contract volumes vs incumbent exchanges. Comparisons are approximate due to contract spec differences.

GOMLNG Gulf of Mexico
vs Henry Hub Natural Gas (CME/NYMEX)

Contract Mappings

AbaxxIncumbentExchangeNotes
GOMHenry Hub Natural GasCME/NYMEXIndirect - pipeline gas vs LNG, but main US gas benchmark
NPAJKM LNGICEDirect - same market, same benchmark
NWETTF Natural GasICE EndexIndirect - pipeline gas vs LNG, but dominant EU gas price
GKSCOMEX GoldCOMEXDifferent spec (kilobar vs 100oz) but same commodity
GKSTOCOM GoldTOCOM/JPXMore comparable (1kg spec), Asian market