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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
Laggies (LAGGI) 100000 2.26 (-1.76)         Ashley Judd (AJUDD) 4999 64.97 (+2.86)         Laggies (LAGGI) 100000 2.26 (-1.76)         Brian Geraghty (BGERA) 1 19.35 (-0.23)         Zachary Quinto (ZQUIN) 20000 97.02 (+0.61)         Boss Baby (BOSSB) 100000 39.85 (+5.08)         Zachary Quinto (ZQUIN) 20000 97.02 (+0.61)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         Zoe Saldana (ZSALD) 20000 94.88 (-1.40)         Home Sweet Hell aka North of Hel (NOHEL) 100000 0.91 (+0.43)         Zoe Saldana (ZSALD) 20000 94.88 (-1.40)         Home Sweet Hell aka North of Hel (NOHEL) 100000 0.91 (+0.43)         Thomas Kretschmann (TKRET) 20000 45.34 (-0.53)         Aaron Paul (APAUL) 20000 8.81 (-2.46)         Aaron Paul (APAUL) 20000 8.81 (-2.46)         Vivaldi (VALDI) 100000 0.17 (+0.15)         Sea of Trees (SETRE) 100000 19.71 (+0.09)         Ice Age 5 (ICEA5) 10000 54.48 (+0.03)         Sea of Trees (SETRE) 100000 19.71 (+0.09)         Into the Woods (INTWD) 2499 104.55 (-0.31)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         The Book of Life (BOLIF) 20000 58.70 (-0.56)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         Aaron Paul (APAUL) 20000 8.81 (-2.46)         Aaron Paul (APAUL) 20000 8.81 (-2.46)         How to Train Your Dragon 3 (HTYD3) 10000 102.22 (+0.13)         Runaways (RUNWY) 100000 0.24 (+0.22)         Zombieland 2 (ZMBL2) 100000 11.07 (+10.58)         Brian Geraghty (BGERA) 20000 19.35 (-0.23)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         Brian Geraghty (BGERA) 20000 19.35 (-0.23)         Laggies (LAGGI) 100000 2.26 (-1.76)         Big Hero 6 (BHERO) 7500 150.35 (+1.09)         Joe Pantoliano (JPANT) 20000 27.03 (+0.39)         Joe Pantoliano (JPANT) 20000 27.03 (+0.39)         London Has Fallen (HFAL2) 5000 53.15 (+1.74)         Ray Liotta (RLIOT) 20000 7.99 (+0.18)         Ray Liotta (RLIOT) 20000 7.99 (+0.18)         Family Guy Movie (FMGUY) 20000 4.35 (0.00)         Liana Liberato (LLIBE) 2000 15.00 (0.00)         Mandrake the Magician (MNDRK) 100000 0.18 (+0.15)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         Jimi: All Is By My Side (AIBMS) 100000 0.41 (+0.15)         Ashley Judd (AJUDD) 20000 64.97 (+2.86)         Sam Neill (SNEIL) 20000 41.20 (+0.03)         Game Brain (GAMEB) 5000 30.60 (+0.30)         Seth Green (SGREE) 20000 28.04 (-0.15)         The Choice (CHOCE) 100000 22.24 (+2.24)         Amanda Crew (ACREW) 4000 26.27 (-0.22)         Geostorm (GEOST) 7500 45.57 (+0.27)