The Commodity Futures Trading Commission (CFTC) has extended its review of two compute-power futures contracts proposed by NYMEX, a subsidiary of CME Group. The new deadline for a decision is set for January 8, 2027, following a 60-day extension from the previous November 9, 2026 date.
These financial instruments are designed to allow traders to hedge against or speculate on the hourly rental costs of Nvidia H100 and B200 GPUs in the United States. Each contract covers 730 GPU-hours and is settled in cash based on monthly averages from benchmarks developed by Silicon Data.
The regulatory agency cited concerns regarding market liquidity and potential manipulation risks as primary reasons for the delay. The CFTC is currently seeking industry feedback to determine if the underlying indices are sufficiently robust to prevent price manipulation.
NYMEX initially submitted the contracts on August 11, 2026. As part of the voluntary extension agreement, the exchange has committed to preventing other registrants from listing similar products until the review process concludes.
