ACX Singapore & ACX’s Abu Dhabi Exchange Connect As One Environmental Assets Market

ACX Singapore & ACX's Abu Dhabi Exchange Connect As One Environmental Assets Market - Carbon Herald

ACX Group is pleased to announce the successful connection of AirCarbon Pte. Ltd.’s Singapore based trading platform, with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd (ACX Exchange) in the Abu Dhabi Global Market (ADGM).

This exciting enhancement represents an important step in ACX Group’s strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.

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Key benefits of ACX SG’s connection to the ACX Exchange are:

  • Enhanced Liquidity: The expanded number of market participants trading on ACX Exchange’s single order book will increase liquidity and therefore contribute to tighter spreads, more efficient price discovery and enhanced transparency.
  • Global Network: ACX Group’s global network ensures that market participants can easily navigate multiple liquidity pools and instruments from a single interface, thus streamlining the trading process, decreasing operational costs and eliminating the need to onboard with multiple platforms.
  • Regulatory Compliance: ACX SG’s clients will benefit from the investor protection that results from ACX Exchange’s regulatory status, being a Recognised Investment Exchange and a Recognized Clearing House under the supervision of the Financial Services Regulatory Authority of ADGM. The regulatory framework ensures participants trade under a fair, robust and transparent environment, with access to carbon markets globally.

Mr. Thomas McMahon, co-CEO & co-Founder at ACX Group, expressed his enthusiasm about this significant milestone, stating, “By connecting ACX SG to the ACX Exchange, we are enhancing liquidity while fortifying investor protection. This synergy offers our clients the best of both worlds, and we are excited to bring these benefits to the trading community.”

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ACX Group invites traders, investors, and market participants to experience the benefits of its platform first-hand and be part of this exciting journey towards a more connected and regulated trading environment.

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