ICE and NATIVX to Launch GPU Futures Contracts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2026
0mins
Source: Newsfilter
- Launch of New Futures Contracts: Intercontinental Exchange (ICE) and NATIVX are set to introduce GPU compute futures contracts based on the COIL Index, which will provide global customers with tools for price discovery and risk management, further advancing the development of the compute asset class.
- Transparent Pricing Mechanism: The COIL Index aims to track standardized GPU compute prices by normalizing compute prices against energy costs, eliminating noise from regional electricity price disparities, thereby offering market participants a clearer basis for comparison and enhancing market transparency.
- Integrated Hedging Environment: The new contracts will be listed alongside ICE's existing power and natural gas futures, allowing compute operators and consumers to manage GPU exposure on the same platform, while providing energy market participants with direct insights into one of the fastest-growing sources of electricity demand.
- Significant Market Potential: As AI technology rapidly evolves, compute has become a crucial asset class; ICE's initiative not only meets the market's demand for transparent and manageable infrastructure but also has the potential to attract more investors into this emerging market.
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Analyst Views on ICE
Wall Street analysts forecast ICE stock price to rise
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 134.910
Low
174.00
Averages
191.60
High
223.00
Current: 134.910
Low
174.00
Averages
191.60
High
223.00
About ICE
Intercontinental Exchange, Inc. provides financial technology and data services across major asset classes, helping its customers access workflow tools that increase transparency and efficiency. Its Exchanges segment operates regulated marketplace technology for the listing, trading and clearing of an array of derivatives contracts and financial securities as well as data and connectivity services related to its exchanges and clearing houses. Its Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics and execution services as well as global credit default swaps (CDS), clearing and multi-asset class data delivery technology. Its Mortgage Technology segment provides a technology platform that offers customers comprehensive, digital workflow tools that aim to address inefficiencies and mitigate risks that exist in the United States residential mortgage market life cycle, from application through closing, servicing and the secondary market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- COIL Index Functionality: The COIL Index tracks GPU compute and connectivity costs, while the futures contracts will be U.S. dollar-denominated and cash settled, providing market participants with clearer cost expectations and risk management tools.
- Market Demand Response: With the surge in demand for AI infrastructure, the introduction of these futures contracts is expected to meet the urgent needs of companies for managing GPU compute costs, further solidifying ICE's leadership position in the financial derivatives market.
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See More
