[T]he initiative is not for an application for a product extension of HSX. Rather it is an application for the launching of a new futures market, the Cantor Exchange, which will list Domestic Box Office Receipt Contracts. The contracts will also be known as Movie Box Office Contracts.
There are some similarities with HSX in that Movie Box Office Contracts are modeled on the MovieStock methodology of our site. For example, the contracts will be based on four weeks of a film’s domestic box office revenue. The regulatory approval process is inherently uncertain, so it’s a bit premature to say we are moving into real-money film trading markets just yet, but that is our intent.
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That is from Alex Costakis, MD of HSX.
Previously: Cantor Exchange
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