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The Cantor Futures Exchange L.P.

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Text replace - "[[bet]]" to "bet"
{{helpAddContentRandom_adbox}} <!-- Have a big article with lots of text? Remove this template! -->{{Infobox_Company <!-- Feel free to remove comments like this when you add real info -->| company_name = The Cantor Futures Exchange L.P.| company_logo = <!-- use the syntax: [[Image:imgnameCantorExchange.jpgpng{{!}}200px]] for this, or leave it blank -->| key_people = <!-- Howard W. Lutnick, CEO, President, etc, don't need to list everybody -->
| foundation = <!-- Year founded -->
| location = <!-- Headquarters city, state, country -->New York
| employees = <!-- Approx number of employees -->
| products = <!-- Quick list of types of things company does or produces -->
| twitter = <!-- Twitter ID for the company, e.g. JohnLothian, or leave blank -->
| homepage = <!-- No web site? Just leave this line blank -->www.CantorExchange.com
| press = <!-- A link to where press releases can be found, or leave blank to omit -->
}}
<!-- Put a quick The Cantor Futures Exchange, L.P. or The Cantor Exchange is one of the first [[exchange]]s planning to two paragraph intro here about launch [[derivatives]] [[contract]]s based on motion pictures. The Cantor Futures Exchange, L.P. received regulatory approval from the company and what it does -[[Commodity Futures Trading Commission]] (CFTC) on [[Apr. 21]], 2010 to operate as a [[designated contract market]].<ref> {{cite web|url = http://www.cftc.gov/PressRoom/PressReleases/pr5811-10.html|name = CFTC Approves Cantor Futures Exchange, L.P. and Cantor Clearinghouse, L.P.|org = CFTC Website|date = April 21, 2010}}</ref>The exchange is [[own]]ed and operated by [[Cantor Fitzgerald]].
<!-- Note that you may change around The CFTC also approved the order [[Cantor Clearinghouse, L.P]]. ("Cantor Clearinghouse"), a sister company of the section headers below, or rename them if neededCantor Futures Exchange on Apr. They are there to get you started21, 2010 to [[settle]] all trades between [[buyer]]s and [[seller]]s and to remind you to USE section headers! And yes, take this comment out too when you write your article.  Need to use references? Use ensure the following line to copy/paste integrity of the marketplace. All participants in where neededthe exchange, and fill out: <ref>{{cite web|url=|name=|org=|date=}}</ref> url=web url; name=title once approved, will automatically become participants in Cantor Clearinghouse upon funding of page/article; org=Name of organization who owns page; date=today'their [[account]]s date-->.
== History ==
 The Cantor Futures Exchange is an outgrowth of [[The Hollywood Stock Exchange]], a fantasy trading venue that launched in 1996 and [[Cantor Fitzgerald]] bought in 2001.<ref>{{Infobox Midpage Need Sponsorcite web|url=http://www.futuresindustry.org/fi-magazine-home.asp?a=1311|name=Product Profile: Movie Futures|org=Futures Industry Magazine|date=March 24, 2009}}</ref>
== Products and Services ==
The exchange hopes to offer Domestic Box Office Receipt contracts, also known as [[Movie Box Office Contracts]] or DBOR Movie Futures. The exchange would let people bet, with a minimum of $50, against other participants on whether certain movies will do better or worse than expected.<ref>{{cite web|url=http://www.usatoday.com/money/markets/2010-04-16-movieinvest16_CV_N.htm|name=Some investors put money into movies|org=USA Today|date=April 16, 2010}}</ref> As of late April of 2010, Cantor was still awaiting CFTC approval on the contracts.<ref>{{cite web|url=http://www.cftc.gov/PressRoom/PressReleases/pr5811-10.html|name=Press Release|org=CFTC|date=April 21, 2010}}</ref>
 
The Motion Picture Association of American (MPAA) has vehemently opposed the idea of movie [[exchange]]. They believe it will bring about [[insider trading]] as well as tarnish the reputation and integrity of the movie business.<ref> {{cite web|url = http://online.wsj.com/article/SB10001424052702303338304575156002283394276.html|name = Movie Trade Group Objects to Futures Exchange|org = Wall Street Journal|date = April 21, 2010}}</ref>
== Key People ==
*[[Howard W. Lutnick]], Chairman and CEO
*[[Richard Jaycobs]], President
*[[Andrew Weis]], Compliance Director
*[[Nolan Glantz]], Chief Operating Officer
*[[Melanie Gordon-Felsman]], Vice President, Marketing and Communications
*[[James (Les) Walker]], Chief Technology Officer
*[[Alex Costakis]], Market Director and DBOR Specialist
 
== Resources ==
*[http://www.cftc.gov/stellent/groups/public/@otherif/documents/ifdocs/cantorfuturesexchangeorder.pdf Cantor Futures Exchange Order Of Designation As A Contract Market]
== References ==
<references />
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