Tag Archives: MDEX

CFTC Takes Jurisdiction Over “Prediction Markets”.

First, a hearty congratulations to Robert Swagger and Trend Exchange. Along with the Cantor Exchange folks, they have run quite a gauntlet, and although there remains a tremendous obstacle in the form of the Lincoln amendment, I consider these exchanges … Continue reading

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BREAKING: The CFTC approves MDEX’s real-money prediction markets on movie box office.

“In a 3-2 vote, the Commodity Futures Trading Commission on Monday afternoon approved a contract created by the company Media Derivatives that would allow traders to bet on the gross receipts that a movie pulls in during its opening weekend.” … Continue reading

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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.

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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.

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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.

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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

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Felix Salmon’s 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.

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Max Keiser: Cantor Exchange and Media Derivatives Exchange would be an “insiders/traders’s paradise”.

Max Keiser – 12:00 into (17,000 views already): I disagree with Max that a prediction market quote can change perceptions that much.

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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.

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Cantor Exchange and Trend Exchange defend the usefulness of movie hedging.

Lions Gate vice chairman Michael Burns said the markets “would allow a diverse group of motion picture industry participants, including studios, film distributors, theater owners, investors and other financial intermediaries within the motion picture industry to manage their risk and … Continue reading

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