The parent company of the New York Stock Exchange, ICE, plans to launch a computing power futures market

According to Bloomberg, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), announced plans to launch futures contracts based on "computing power" to track changes in the costs of computing power such as GPUs that support the AI industry. This product still requires regulatory approval.

It is reported that ICE will collaborate with financial infrastructure company Ornn to develop a pricing system for related derivatives based on its GPU cost index. This index will be used to support computing power futures contracts.