Joined October 2020
90 Photos and videos
Pinned Tweet
7 Mar 2025
Abaxx Exchange Market Data There it is folks! The first ever trade in the history of futures exchanges of a non China, USD Denominated physical lithium carbonate futures market! Congrats to our great team and our partners for all the hard work search.app/PtzhmLTCQqnqA1dL9
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JoeRaia retweeted
“The problem with privacy and AI these days is that all the onus is put onto the consumer to somehow figure it all out.” @DanielSolove joins @DavidVGreely to examine how AI isn’t so much opening up new problems in privacy, but exposing and amplifying the old ones -- and how we need to change our legal approach to privacy to solve these problems and take us out of the digital fishbowl we find ourselves in. smartermarkets.media/how-to-…
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SRO crowd. 70 companies
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Looking like more physical onboarding to Abaxx contracts with a 5-7x spike compared to avg in OI over the last couple days
$ABXX Abaxx just set OI records two days in a row - 1658 yesterday at close and 1939 today at close. Might be a blip but given the focus on this worth mentioning. Gold OI is the driver, with some Corsia credits and silver also contributing.
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With over 50 commercial trading firms registered to attend, this should be a fantastic workshop and great opportunity to further the visibility of the liquidity in the Abaxx Commodity Futures Exchange and Clearinghouse physical LNG benchmark futures. linkedin.com/posts/trayport_…
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JoeRaia retweeted
I like the stock. And I’ll be buying more. Markets are funny. Nothing but the growing net shorts had anything available to sell under $55 for all of Q2 until [checks notes] the company raised $ 69mm at $54.25 and completely derisked the balance sheet through the rest of the transformational growth and ramp up period through 2027; nothing was for sale before…but now we can buy below 50, at Q1 prices again, like the Q2 fundamental breakout growth and new product rollouts didn’t even happen! It was the third week of March when the stock price was last here, when the 50ma Exchange ADV was less than a one-third of today’s ramp up (and just take a look at the rest of Q2 PRs and derisking since then). Abaxx isn’t an economic cyclical or tech momentum stock (even though we’re being traded that way since the TSX listing) — we are a QoQ fundamental derisking, blocking & tackling, “NAV unlocking” stock as we take the probability of our benchmark contracts succeeding from “~20% priced in now”, to something much higher through end of 2027 with no financing overhang and a significant s/d deficit of shares IMO for those who will want to own that asymmetric call option through each quarter of derisking (plus the tech value unlock), versus those who just trade/flip/want to exit. I don’t believe there is much real supply to materialize below $60 (or even analyst consensus pre-tech of ~$85), and 1 in 4 shares sold in second half of May were new net shorts again. So much more just up ahead. I like the s/d. I like the stock. #29ers $ABXX
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JoeRaia retweeted
A must-watch interview between Jeff Currie and Mario Nawfal. The interview is a master's degree in modern history, through the lens of energy. Energy explains far more of modern and future politics than most people realize. Take an hour and watch the full interview: youtube.com/watch?v=0FG9dYTE… @CommodMkt @MarioNawfal
🚨🇺🇸🇨🇳 Thirty years ago, the West handed China control of critical mineral processing to keep it out of their backyards. Jeffrey Currie just explained how that decision became a national security crisis. "They control the critical minerals. And now let's put the BRICs together. You know, is this really... BRICs versus G7." China has the atoms, the molecules, the calories, and the chips. The West is only now realizing what it gave away. @CommodMkt
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JoeRaia retweeted
Thanks again to @MarioNawfal for having me on his X show yesterday to discuss, amongst other things, the economic impact of the Iran War potentially going hot again, the latest on the Hormuz crisis and what it all means for oil and commodities in the near future. A great discussion that you can listen to in full below.
INTERVIEW: GULF BOMBED, HORMUZ CLOSED, RED SEA NEXT: OIL'S PERFECT STORM – w/ Economist Jeffrey Curie (@CommodMkt)
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Speed dating season at this year’s IPMI. Always a great event especially now with the growing liquidity in @abaxx #gold and #silver #futures
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"The first thing I recommend -- and i hope it never changes -- is to get your hands dirty within your circle of confidence." @Alec_Coughlin takes 10 years of building in AI & turns it into practical advice for businesses navigating the transformation. smartermarkets.media/how-to-…
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JoeRaia retweeted
Agree with Cantor, any “perps” news-related selling of Abaxx is “nonsensical”. When the [crypto] product is a pure financial abstraction with almost no underlying commodity use, no need for delivery, the futures curve doesn’t really matter and the key objective of the market is therefor to meet the needs of the speculative trading junkie with max leverage using perps. There’s been lots of idiotic financial products launched for “users” over the years, they aren’t relevant to the real world risk management markets that Abaxx builds.
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Cantor's way of telling the market that physically settled futures are not the same as CFDs ( rebadged as Perpetual Futures Contracts 'perps' ) Fellow $ABXX.TO bulls were saying this on X days ago. Love you all👑
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As global LNG markets continue to evolve, discussions around benchmark development, futures markets, price discovery, and market infrastructure are becoming increasingly important for participants across the industry.
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$ABXX.TO Silver is on fire!!!!!! More than 4.000 contracts traded so far!!!!
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Perpetual futures may be a real threat to futures contracts that are intended to be settled financially, but they can't compete against contracts that are physically settled since by their very nature never settle. CME & ICE have built up a significant book of business over the past decade based on financially settled futures that derive their price based off of index assessments instead of physical delivery of the underlying asset--these contracts could be under threat by perpetual futures. What won't be under threat, are any benchmark futures contracts that form price discovery based off of the actual physical commodity and are settled physically. Abaxx is perfectly positioned to continue to grow their suite of physical benchmarks in precious metals, battery metals, energy, and other sectors in the years ahead, while CME and ICE duke it out with Kalshi and Coinbase over heavily engineered financial derivatives that grow increasingly more-and-more removed from the real world assets they purport to value. $ABXX.TO
US exchanges extend selloff as perpetual futures approval unnerves investors reut.rs/49BNYqk reut.rs/49BNYqk
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$ABXX Abaxx Exchange has the world's ONLY battery grade Nickel Sulfate contract 🔹Required for EVs, Mobile Phones 🔹Volume took off 24th Mar 🔹Record day: 761 contracts = 3,805 tonnes ~1.5% annual demand 🔹LME has 'Class 1 Refined Nickel' - requires SULFURIC ACID to process !!
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..and yet, gold not really used at all as HQLA derivatives collateral; not materially part of the ~$1T in cleared derivatives margin or for bilateral swaps (due to the outdated tech and market structure of LBMA, COMEX et al). Remember: “#Gold cloaked with Abaxx and gold naked ain’t the same” -Zoltan Pozsar 🆔 #29ers $ABXX Agents
USD remains most USED global currency. Gold becomes most RESERVED global asset. Behold the new global monetary system, where the "Store of Value" function is separated from the "Medium of Exchange" & "Unit of Account" functions...hiding in plain sight 👇
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