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HSX Forums: Movies Board






letter from Cantor RE regulatory approval - they are delaying the launch which was supposed to happen tomorrow

Posted by: Moviesnob on Apr 21, 17:03

Yesterday Cantor Exchange received approval from the Commodity Futures Trading Commission (CFTC), the U.S. regulator that oversees futures exchanges. This means Cantor Exchange is now a Designated Contract Market (DCM) and Cantor Clearinghouse is now a Derivatives Clearing Organization (DCO). This is a significant step forward in achieving our ultimate goal, which is to launch a market in Domestic Box Office Receipt Contracts.

As you may know, we have worked very hard over two years to seek regulatory approval to launch such a market. In late March, The Motion Picture Association of America (MPAA) and others raised concerns about the economic purpose of this market and its usefulness as a hedging vehicle.

We are confident that the MPAA’s concerns are unfounded. However, we must now repeat much of the hard work we have done to assure a level playing field for all participants. Therefore our tentative launch date of April 22 is delayed until this new regulatory process is complete.

While it is currently unclear how long that process will take, we will continue to work diligently with the CFTC and will launch the market as soon as it clears a path to approval. And, yes, we are still accepting customer funds in anticipation of eventually launching the market.

We will do our best to keep you informed as the process unfolds. In the mean time, we appreciate your patience. Please let us know if you have any questions about this update.

letter from Cantor RE regulatory approval - they are delaying the launch which was supposed to happen tomorrow   Moviesnob on Apr 21, 17:03

SHORT CANTOR!!!!!   Hooray360 on Apr 21, 17:21

They should probably wait until finance reform bill is cleared based on this from Obama   TheSureThing on Apr 21, 18:44





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Cantor Exchange
Suicide Squad (SUICD) 31552 316.33 (+0.22)         Mass Effect (MSEFC) 100000 1.02 (+0.04)         Phantom Boy (PHTMB) 100000 0.69 (-0.01)         Revival (RVIVL) 9 13.19 (-0.08)         John Wick: Chapter Two (WICK2) 15000 46.87 (+0.18)         Michael Sheen (MISHE) 20000 65.59 (-0.13)         Bad Moms (BMOMS) 10000 85.04 (+12.66)         God Bless the Broken Road (GBTBR) 100000 13.20 (-0.75)         Blair Witch aka The Woods (WOODS) 100000 49.62 (-1.80)         Suicide Squad - Opening Weekend (SUICD.OW) 34047 123.54 (+0.51)         The Secret Life of Pets $300M Bl (PETS.BW) 20000 5.54 (+0.54)         Star Trek Beyond (TREK3) 7441 144.37 (-1.63)         Suicide Squad - Opening Weekend (SUICD.OW) 34047 123.54 (+0.51)         Deadpool 2 (DEAD2) 55 251.51 (+0.29)         Star Trek Beyond (TREK3) 50000 144.37 (-1.63)         Suicide Squad H$120 Call (SUICD.CA) 20000 3.60 (+0.50)         Jason Bourne (BORN5) 100000 154.77 (+3.75)         Cats (CATS) 100000 34.93 (-0.35)         Avengers 4 (AVNG4) 4179 390.87 (+1.82)         Ma Ma (MAMA1) 100000 0.73 (+0.01)         Bad Moms (BMOMS) 100000 85.04 (+12.66)         De Palma (PALMA) 100000 0.41 (-0.07)         Blair Witch aka The Woods (WOODS) 100000 49.62 (-1.80)         The Beatles: Eight Days A Week - (TB8DW) 100000 2.00 (0.00)         Eternity (ETRNT) 100000 2.00 (0.00)         Justice League (JLEAG) 5000 335.50 (+0.99)         Radegund (RADEG) 100000 5.00 (0.00)         Creed 2 (CREE2) 1 27.43 (+2.76)         Blair Witch aka The Woods (WOODS) 100000 49.62 (-1.80)         Zero Days (ZEROD) 100000 1.03 (-0.03)         Blair Witch aka The Woods (WOODS) 100000 49.62 (-1.80)         Clown (CLOWN) 100000 0.64 (-0.02)         The Nutcracker And The Four Real (NUTFR) 60000 58.18 (+2.51)         Uncharted (UNCHT) 100000 14.91 (+8.07)         Storks (STORK) 90000 67.67 (-2.11)         The War with Grandpa (WARGP) 100000 18.95 (-1.00)         The Nutcracker And The Four Real (NUTFR) 50000 58.18 (+2.51)         The Last King (TLKNG) 100000 0.40 (-0.01)         No Manches Frida (NMFRD) 100000 4.07 (+2.69)         Chow Yun-Fat (CYUNF) 20000 39.08 (-0.31)         Rambo V: Last Blood (RAMB5) 100000 0.49 (+0.06)         Deadpool 2 (DEAD2) 55 251.51 (+0.29)         Oppenheimer Strategies (OPNHM) 100000 0.42 (+0.01)         Tetris The Movie (TETRS) 100000 42.59 (+0.28)         The War with Grandpa (WARGP) 100000 18.95 (-1.00)         The War with Grandpa (WARGP) 50000 18.95 (-1.00)         Olivia Twisted (OTWSD) 100000 0.18 (+0.02)         Gal Gadot (GGADO) 49 150.17 (+0.28)         Radegund (RADEG) 1000 5.00 (0.00)         Eternity (ETRNT) 1000 2.00 (0.00)