Liberal politicians (sucking up to the Hollywood lobby) have managed to destroy one promising financial innovation applied to the movie business.

Cantor Fitzgerald abandoning box-office futures despite regulatory approval.

CNBC: The End of the Box Office Futures Business

The Wrap

CFTC: 3-2 in favor of approval of movie contracts -SO FAR.

What was said at the CFTC hearing on movie futures.

Hollywood Reporter.

Business Week. More.

CFTC.

Hollywood clashed with Wall Street on Wednesday at a government hearing about the potential sale of futures contracts linked to box office receipts of major motion pictures.

“-financial engineering synthetic derivatives”-

More.

The CFTC plans to hold a public hearing next week to examine the growing controversy surrounding a plan by two firms to offer futures contracts tied to box-office receipts.

The CFTC plans to hold a public hearing next week to examine the growing controversy surrounding a plan by two firms to offer futures contracts tied to box-office receipts.

Every investment in film is gambling.

A Case for Movie Futures –- by Buzz Potamkin, former studio executive and producer, in the biz for 40+ years, now a consultant

Felix Salmons hastily written NYT Op-Ed about the Cantor Exchange and MDEX

You will learn nothing.

Watch the US House video instead. You will have more facts and more arguments.

UPDATE: Mike Giberson has a remark on Felix’-s piece.

Max Keiser: Cantor Exchange and Media Derivatives Exchange would be an insiders/traderss paradise.

No Gravatar

Max Keiser –- 12:00 into (17,000 views already):

I disagree with Max that a prediction market quote can change perceptions that much.

What the Cantor Exchange (HSX) and the Media Derivatives Exchange (MDEX) really said to the US Congress about movie futures (a.k.a. box-office derivatives) – [VIDEO]

House Committee Agriculture @ US House Of Representatives:

Download this post to watch the video if your feed reader does not show it to you.

–-> Prof Schuyler Moore mentions InTrade 1:35 into.

Via Paul Bleier on FaceBook.

Previously.