CFTC reviews AI compute futures for October
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- The CFTC is preparing public comments on futures tied to AI computing power.
- CME Group plans to launch two compute futures contracts on October 5.
- The contracts still need regulatory approval before trading can begin.
The CFTC is preparing public comments on futures linked to AI computing capacity.
The regulator sent a request for comment to the White House Office of Management and Budget.
The review could affect CME Group’s planned launch, which remains subject to regulatory approval.
The CFTC could open a 30-day or 60-day public comment period after the White House review.
CME Group plans to launch two compute futures contracts on October 5, pending approval.
Silicon Data will provide the benchmarks used to price the contracts, which would track computing capacity.
The contracts could give companies and investors a way to manage changes in computing costs as AI demand grows.
