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Hollywood Stock Exchange Set To Launch In April

February 24th, 2010 02:08 admin Leave a comment Go to comments

You can buy and sell actors or movies for virtual cash on the website Hollywood Stock Exchange (HSX). Starting in April the company plans on letting you turn those movie performance predictions into real dollars. HSX filed with the U.S. Commodity Futures Trading Commission for approval as an active trading site in November 2008 and has just entered the final phase of regulatory review. Richard Jaycobs, president of HSX’s parent company, said, “The number of people who visit movie theaters each year and form opinions about a film’s success is in the tens of millions. We believe that’s the reason the public response to this product has been very positive.”

Source: Hollywood Stock Exchange Set To Launch In April

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