02:33:51 EDT Sat 11 May 2024
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or Name
USA
CA



Goldman Sachs CDR (CAD Hedged)
Symbol GS
Shares Issued 400,000
Close 2023-09-18 C$ 17.48
Market Cap C$ 6,992,000
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Globe says Abaxx hires former Goldman commodities chief

2023-09-19 07:57 ET - In the News

See In the News (C-ABXX) Abaxx Technologies Inc (2)

The Globe and Mail reports in its Tuesday edition that former Goldman Sachs Group commodities chief Jeff Currie is joining Toronto-based Abaxx Technologies to launch a futures market tied to the needs of the energy transition. The Globe's Jeffrey Jones writes that Mr. Currie is signing on with Abaxx as a non-executive director starting Oct. 1. Mr. Currie retired as global head of commodities research at Goldman in August. He is known for his aggressive forecasts over his nearly three-decade career at Goldman. Abaxx, which counts Robert Friedland as a backer, is nearing regulatory approval to begin its trading operations in Singapore, where it is creating futures contracts for liquefied natural gas, carbon offsets and nickel sulphate. Abaxx chief executive officer Josh Crumb says Mr. Currie will offer executives unique insight as the exchange goes about its goal to create a market for commodities that are essential to the transition to a low-carbon economy. He says, "Having the world's most influential commodity economist on our board gives our stakeholders a better path toward achieving that mission, bringing guidance and strategy oversight as we set out to influence and disrupt entrenched market practices."

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