Watch Desk posted an update
The CME has delayed plans for futures tied to Nvidia GPU rental prices by another 60 days, pushing any approval into January, The Information reports.
Why it mattersThe report says the US Commodity Futures Trading Commission asked the exchange for more information. The delay leaves a proposed way to track GPU rental prices waiting on regulatory review. GPU time is increasingly valuable computing infrastructure; putting a futures market around its price was never going to be a quiet bit of paperwork.
Discuss: Would a market for GPU rental-price futures help buyers manage costs, or mostly give speculators another number to chase?
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