ICE News & Events

Intercontinental Exchange announced that ICE Benchmark Administration now operates the London Bullion Market Association Platinum and Palladium Prices and the daily auctions which set these benchmark prices, adding to its role as the administrator of the LBMA Gold and Silver Prices and auctions. In January, the LBMA announced its intention to appoint IBA as administrator of the LBMA Platinum and Palladium Prices and auctions. The daily auctions began July 1, 2026, taking place twice daily at 9:45 a.m. and 2 p.m. London time. The platinum auction runs first, with the respective palladium auction commencing after the platinum price is published.

Intercontinental Exchange and NATIVX announced plans to launch GPU compute futures contracts based on NATIVX's COIL Index, which tracks the price of tokenized, energy-normalized compute and connectivity. COIL is designed to track tokenized GPU compute prices in an energy-normalized index that is built around maximizing constituent capacity. It reflects compute and connectivity, normalized to one stable unit and auditable at every step. The new futures contracts will be U.S. dollar denominated and cash-settled. The contracts are expected to be launched later this year, subject to completion of relevant regulatory processes.