CFTC Extends Review Period for AI Computing Power Futures Contracts by at Least 60 Days
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The U.S. financial market regulator has delayed the approval of futures contracts linked to the rental prices of AI chips, thwarting plans for exchanges to launch the first computing power futures market. Such contracts allow traders to bet on the rental prices of AI chips. The Commodity Futures Trading Commission (CFTC) has decided to extend the review period by at least 60 days, meaning related trading activities will be postponed until at least early 2027. This decision has not yet been made public. The Chicago Mercantile Exchange had hoped to launch GPU futures contracts linked to the rental prices of NVIDIA's H100 and B200 chips as early as October, with the relevant price index designed by the startup Silicon Data. This delay comes as regulators seek public input on how to manage the risks of the emerging computing power market. Currently, online trading platforms offer spot price trading for computing power, but there is no public futures market for longer-term contracts yet.
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