Intercontinental Exchange (ICE)
Coverage of Intercontinental Exchange (ICE) in the Nexus archive.
- The future of AI is an AI futures market
Financial institutions and startups are developing a futures market for AI compute power, likened to oil trading, as demand for GPUs like Nvidia's Blackwell chip surges. ICE and CME Group plan GPU futures, with proponents claiming it could rival the $6 trillion energy market.
- ICE, CME press US regulators to 'rein in' Hyperliquid energy trading: Report
US regulators are being pressed by ICE and CME to regulate Hyperliquid energy trading. The Hyperliquid exchange allows users to deploy new markets after staking 500,000 HYPE tokens. This move is valued at roughly $22.2 million.
- OKX accelerates US push with BitGo off-exchange settlement
OKX integrates BitGo's off-exchange settlement solution for US institutions, reducing pre-funding requirements and advancing its US market expansion. This move follows an investment from ICE, highlighting strategic progress in regulatory and operational alignment.
- Oil Trading Costs to Surge as ICE Hikes Crude and Diesel Margins
Oil trading costs are expected to rise as ICE increases crude and diesel margins. The Czech government is considering regulating gas station retail margins after Prime Minister Andrej Babis condemned fuel distributors for excessive pricing.