AIMPACT News: On May 20 (UTC+8), Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, plans to launch a computing power futures market to meet pricing demands driven by AI technology. ICE is collaborating with financial infrastructure firm Ornn to develop new futures contracts based on Ornn’s index products, which will track GPU computing costs in real time. The contracts are currently pending regulatory approval. Additionally, on May 12, the Chicago Mercantile Exchange (CME) and Silicon Data, a leading provider of market intelligence and benchmark data for the GPU industry, announced plans to launch a computing power futures market later this year, which is also currently under regulatory review. Wall Street is treating AI infrastructure as an emerging tradable commodity, providing the market with price discovery and risk hedging tools. ICE aims to establish a more transparent pricing mechanism for computing power, further advancing the maturation of AI-related financial markets. (Source: BlockBeats)
ICE and CME Plan to Launch Compute Power Futures Markets
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On May 20 (UTC+8), ICE, the parent company of the NYSE, announced plans to launch a futures market for compute power in partnership with Ornn, developing contracts linked to GPU costs. These contracts require regulatory approval. CME also plans a similar futures market in collaboration with Silicon Data, scheduled for later this year. Both initiatives aim to provide price discovery and hedging tools, with perpetual futures potentially following if demand increases.
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