# CFTC Ends Compute Derivatives Comment Period as GPU Futures Remain Under Review

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/36795
Published: 2026-10-21T15:30:59.000Z
Updated: 2026-10-21T15:30:59.000Z
Section: Regulation

> Each proposed contract covers 730 GPU-hours and would settle in cash. The extended review period runs through the end of Nov. 9.

The CFTC’s comment period on compute derivatives ended Oct. 20, while two proposed GPU rental futures remain under separate review, leaving their planned U.S. launch dependent on regulatory approval.

The New York Mercantile Exchange (NYMEX) seeks approval for contracts tied to Silicon Data indexes of Nvidia H100 and B200 rental rates. Each would cover 730 GPU-hours and settle in cash, without delivery of computing hardware. Prices would be quoted in U.S. dollars and cents per GPU-hour.

The CFTC extended its review of the NYMEX filings by 45 days on Sept. 21, citing novel or complex issues. CME Group’s previously announced Oct. 5 launch target was conditional on regulatory review. That date passed without the contracts being approved.

The comment period covered compute derivatives more broadly than the two NYMEX proposals. The CFTC asked how privately negotiated rental prices could affect settlement benchmarks and what safeguards exchanges need against manipulation. It also sought views on perpetual compute futures. The consultation did not determine whether either NYMEX contract should be approved.

Separately, BGC Group launched a compute and memory brokerage division in June, initially focused on over-the-counter trading. BGC Group co-CEO John Abularrage said, “Compute and memory capacity have many of the characteristics of a commodity market.”

The CFTC’s extended review period for the two NYMEX contracts runs through the end of Nov. 9.


