Movie Futures Trading?

[Joy Pathak]

First Business Network, LLC / Videos / Trading Movie Futures 03/30/10

Would trading box office receipts really be a sound investment?

 

[kbharadwaj]

For sure a sound investment in India.

 

[Andy Nguyen]

I read about this last week. The deadline for final ruling on this has been extended to April 16
Hollywood Tries to Block Veriana and Cantor Futures Markets - NYTimes.com
Deadline Extended to Rule on Box-Office Futures Trading - Media Decoder Blog - NYTimes.com

 

[Joy Pathak]

I am going long on Iron Man 2.

Short on any m night shyamalan or Jennifer Lopez movies please.

 

[Eugene Krel]

this is a joke. CFTC will likely approve the contracts under consideration, but they hold no true risk transference value to anyone except film investors (i.e. production houses).

given the movies are hand picked it may be too homogenized since it is likely to be limited to US films initially. don't even get me started on the symbol nightmare that this will bring.

i guess I am curious what the contract specifications actually are.

 

[Dibbs]

I am going long on Iron Man 2.

Short on any m night shyamalan or Jennifer Lopez movies please.

lol ! long iron man 2.

 

[Uncle Max]

What is next? Black Jack Futures?

 

[Joy Pathak]

What is next? Black Jack Futures?

Lol What about final exam marks?

Going long on ........and shorting on....

 

[iddqd]

What is next? Black Jack Futures?

Better than Jack Black futures

 

[Joy Pathak]

It's getting closer...

http://www.guardian.co.uk/business/2010/may/02/movie-investors-bet-box-office

 

[Joy Pathak]

Approved

Trading Is Approved for Film Futures Contracts - NYTimes.com

 

[Joy Pathak]

Congress Bans Movie Futures Trading

CONGRESS BANS FILM FUTURES TRADING Deadline.com