Domestic Box Office Receipt (DBOR) Futures Contracts

Filed Under:
Dictionary Says

Definition of 'Domestic Box Office Receipt (DBOR) Futures Contracts'


Futures contracts based on movie receipts at the box-office. Domestic Box Office Receipt (DBOR) Contract Futures received approval from the Commodity Futures Trading Commission on June 15, 2010, with the trading of these contracts permitted on two exchanges, the Cantor Exchange and the Trend Exchange. However, Congress enacted legislation just a month later banning box-office receipts as the basis of any futures contract.
Investopedia Says

Investopedia explains 'Domestic Box Office Receipt (DBOR) Futures Contracts'


While the Cantor Exchange has postponed the trading of box-office receipt contracts indefinitely as a consequence of the ban, the DBOR futures contracts envisaged by it entailed cash settlement, based on the sum of daily box-office receipts in the United States and Canada during the first four weeks after a film's initial release.

The concept of DBOR futures contracts had already run into resistance from a number of parties including major movie studios, theater owners and the Motion Picture Association of America, on the grounds that the instruments could be susceptible to insider trading and manipulation.

comments powered by Disqus
Hot Definitions
  1. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  2. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  3. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  4. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  5. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  6. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
Trading Center