ICE plans to launch a computing power futures market, as Wall Street is viewing AI infrastructure as an emerging tradable commodity.

AIMPACT News, May 20 (UTC+8): Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), plans to launch a computing power futures market to meet pricing demand driven by AI technology. ICE is partnering with financial infrastructure company Ornn to develop new futures contracts based on Ornn’s index products, which will track graphics processing unit (GPU) computing costs in real time. The current contracts are still pending approval from the relevant regulators.

In addition, on May 12, the Chicago Mercantile Exchange (CME) and Silicon Data, an industry leader in GPU market intelligence and benchmark data, announced that they will launch a computing power futures market later this year, which is also awaiting regulatory review. Wall Street is treating AI infrastructure as an emerging tradable commodity, providing the market with price discovery and risk-hedging tools. ICE hopes this initiative will establish a more transparent computing power pricing mechanism and further drive AI-related financial markets toward maturity. (Source: BlockBeats)