Exchange · DCM / DCO

Futures & options on compute.

Hedge cost, lock supply or take a view — traded and cleared on a venue built to operate as a regulated DCM/DCO.

Apply to tradeSee the contracts
Order ticket · H100-FUTMAR-26
Buy
Sell
LIMIT PRICE · $/GPU-HR
2.18▲0.6%
CONTRACTS
50
NOTIONAL
$392k
Submit order
ILLUSTRATIVE — NOT LIVE MARKET DATA
01 — What you can trade
FUTURES
Term contracts

Monthly and quarterly futures on each accelerator class, cash- or physically-settled.

OPTIONS
Calls & puts

Cap procurement cost or monetise idle capacity with listed options on the index.

SPREADS
Calendar & inter-class

Trade the curve between tenors or the basis between H- and B-class accelerators.

02 — Trade lifecycle

From order to cleared position.

01
Onboard

Complete membership, KYC and margin agreements once.

02
Trade

Work orders on the central limit order book or via RFQ.

03
Clear

Positions novate to the clearing house with daily margining.

04
Settle

Cash-settle to the fixing, or take physical delivery.

DCM/DCORegulated venue design
24/5Continuous order book
T+0Daily mark & margin cycle
FIXAPI & FIX connectivity
Across the market
LAYER 01
Data →

The reference index every contract prices against.

LAYER 03
Settlement →

Convert a contract into delivered, running GPUs.

LAYER 04
Credit →

Finance buildout against contracted compute.

Bring your hedging to the exchange.

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