CME's Nvidia GPU rental futures miss October start, The Information says
The contracts cover rental prices for Nvidia's H100 and B200 chips, and the CFTC is seeking more information before they list, the outlet reported.
CME Group's planned futures contracts covering Nvidia H100 and B200 rental prices will not launch in October as originally targeted, The Information reported on Tuesday. The delay follows a request for more information from the Commodity Futures Trading Commission.
The article, by Dakin Campbell, is headlined "Wall Street's GPU Futures Push Stalls at the CFTC". The Information's @amir account said regulators are seeking more information, and that the market is meant to make the chips an investable asset class. Both posts trace to the same article.
The contracts reference rental prices for Nvidia's H100 and B200 accelerators, according to the wallstengine post, which described October as the original launch target. Neither post said how long the CFTC review may run, nor what information the regulator asked for.
Whether the contracts open this year may depend on how long the CFTC review takes. The delay rests on a single outlet. No confirmation from CME Group or from the regulator has appeared, and neither the wallstengine post nor The Information named a revised launch date.