The U.S. Commodity Futures Trading Commission has opened a public comment on
futures for compute power as industry players including CME, ICE and fintech
Architect Financial Technologies plan contracts pending regulatory approval.
Exchanges say compute futures would let end users and speculators hedge risks
that could disrupt AI development, notably energy shortages. CFTC Chair Michael
Selig said without a robust derivatives market for compute the U.S. cannot win
the AI race and called the request for comment a first step to set clear rules
for a U.S. compute market. The CFTC is soliciting input on how compute futures
differ from other regulated derivatives and whether listing on CFTC-regulated
venues would require standardizing variables affecting compute prices, including
settlement reference price indices.