What does Cantor Futures Exchange mean?
Cantor Future Exchange is an exchange to trade film box office futures. It is also known as Cantor Exchange and derives its name from its parent company, Cantor Fitzgerald, a 65-years old financial services firm. Cantor Exchange provides an online market place for investors who want to trade films just like stocks, for Studios to hedge their exposure to films, and hedge funds who want to speculate on films.
Futures Knowledge Explains Cantor Futures Exchange
Founded in 2010, Cantor Exchange is a Designated Contract Market (DCM) approved and regulated by the Commodity Futures Trading Commission (CFTC). You can trade domestic box office receipt contracts (DBOR) contracts or movie futures on Cantor Futures Exchange. You can bet on success of new movie releases. Its parent company, Cantor Fitzgerald, has another subsidiary Hollywood Stock Exchange, an internet simulation game on trading movies and film industry.