Abaxx Listed on New CBOE Exchange

The video discusses SIBO's role in global trading and its acquisition of NEO, highlighting the launch of a new commodity futures exchange in Singapore. The focus is on creating new benchmarks for commodities like liquefied natural gas and battery metals, addressing gaps in the current market. The long-term vision is to change how commodities are priced and traded, moving away from a race to the bottom in the supply chain.

What is the main focus of the global platform being rolled out by SIBO?

• To develop a social media platform

• To create a new cryptocurrency

• To provide a synchronized global trading experience

• To launch a new line of consumer electronics

What is the long-term vision of the company regarding commodity pricing?

• To make commodities more expensive

• To focus solely on digital currencies

• To change how commodities are priced and traded

• To eliminate all commodity exchanges

Why is there a need for a new Commodity Futures exchange in Singapore?

• To focus on agricultural products

• To replace the stock market

• To meet commercial needs for energy transition-related commodities

• To develop a new social media platform

What issue does the company aim to address with the new exchange?

• Lack of new contracts for certain commodities

• High taxes on commodities

• Overproduction of commodities

• Lack of interest in commodities

What is one of the challenges faced by big commodity exchanges according to the speaker?

• They are too innovative

• They have become too comfortable

• They focus too much on technology

• They are too small