Hollywood Stock Exchange - HSX

DEFINITION of 'Hollywood Stock Exchange - HSX'

An online prediction market where "investors" bet on the performance of various components of the entertainment industry through Moviestocks, Starbonds, TVStocks, Movie Funds, Idol Warrants and derivatives. Trades are made in "Hollywood dollars," which players receive when they open an account, make successful trades and participate in the website's quizzes. Each "investment" has a ticker-like symbol: for example, the symbol for "Ironman 3" is IRNM3.

BREAKING DOWN 'Hollywood Stock Exchange - HSX'

HSX has been around since 1996 and is owned by Cantor Fitzgerald, which launched a real-world exchange similar to HSX, called the Cantor Exchange, in 2010. Prediction markets, which tend to be quite accurate, exist for a wide range of subjects. Some, like the Iowa Electronic Markets, trade in real money.

RELATED TERMS
  1. Cantor Futures Exchange

    An electronic, online marketplace where investors can buy and ...
  2. Warrant

    A derivative that confers the right, but not the obligation, ...
  3. Prediction Market

    A collection of people speculating on a variety of events - exchange ...
  4. Currency Warrants

    A financial instrument used to hedge currency risk or speculate ...
  5. Hard-Coded Stock

    This is a term that refers to a company's stock symbol or ticker ...
  6. Exchange Traded Derivative

    A financial instrument whose value is based on the value of another ...
Related Articles
  1. Trading

    Invest In Hollywood With The Film Futures Market

    It's been 10 years in the making, but you can now bet on which movies will hit it big, or which will flop.
  2. Markets

    Chinese Firm Now World's Largest Theater Operator (AMC)

    AMC Entertainment Holdings, which is owned by a Chinese real estate company, bought Carmike yesterday to become the world's largest theater operator.
  3. Trading

    Warrants And Call Options

    Warrants and call options are securities that are quite similar in many respects, but they also have some notable differences. Both give the holder the right, but not the obligation, to buy a ...
  4. Trading

    Warrants: A High-Return Investment Tool

    Discover the advantages of this largely unexploited investment vehicle.
  5. Markets

    Why You Should Always Bet on Netflix (NFLX, AMZN)

    Netflix might take a hit in the near future due to market pressures, but savvy investors should have it on their watch list. Here's why.
  6. Trading

    Warrants

    Learn more about this derivative security.
  7. Investing

    A User's Guide To Warrants

    These investment vehicles are relatively uncommon in the United States, but they do still appear in U.S. markets.
  8. Investing

    Analyzing Show Biz Stocks

    The glitz and glam of Hollywood could help put some more glitz in your pocket.
  9. Trading

    Simulator How-To Guide: Ticker Symbol Look Up

    As you noticed while you were buying shares of Wal-Mart, all brokerages (simulated or not) require you to input the company's stock symbol to place any trade. In fact, all stock exchanges employ ...
  10. Investing

    The 10 Must Watch Movies For Finance Professionals

    Finance makes for great cinema; here are 10 of the best offerings by Hollywood on the subject.
RELATED FAQS
  1. Is there a secondary market for warrants?

    Find out how to trade warrants on the primary market, the secondary market and the over-the-counter market, including how ... Read Answer >>
  2. Are warrants traded by brokers?

    Learn about the role of investment brokers in trading warrants, both in normal stock exchanges and over-the-counter derivatives ... Read Answer >>
  3. Are warrants more desirable than options?

    Understand what stock warrants are, the differences between warrants and options, and learn whether warrants or options are ... Read Answer >>
  4. Can warrants be written on any security?

    Read about the different kinds of securities that may have warrants written on them, including which types of warrants are ... Read Answer >>
  5. I own some stock warrants. How do I exercise them?

    Typically, stock warrants are derivative instruments added to new issues of stocks or bonds to make these issues more attractive. ... Read Answer >>
  6. Do hedge funds have ticker symbols?

    Discover whether or not hedge funds have ticker symbols, where you can find ticker symbols and the significance of a ticker ... Read Answer >>
Hot Definitions
  1. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  2. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  3. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  4. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  5. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  6. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
Trading Center