KGI Securities Receives Membership Approval, Joins Abaxx Exchange as Clearing and Trading Member
SINGAPORE, Feb. 14, 2024 (GLOBE NEWSWIRE) — KGI Securities (Singapore) Pte. Ltd. (“KGI Securities”), a wholly-owned subsidiary of KGI Securities Co. Ltd. and China Development Financial Holding Corporation (TPE: 2883) and Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx”), today announced that KGI Securities has become an approved clearing and trading member of Abaxx’s majority-owned Singapore-based exchange (“Abaxx Exchange”) and clearinghouse (“Abaxx Clearing”), facilitating centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”).
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