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Media Derivatives Plans To Launch The Trend Exchange

Thursday, March 11, 2010 5:02:00 AM PDT | VentureDeal Staff

Boca Raton, Florida  --  Media Derivatives announced its plans to launch a new futures marketplace based on domestic box office receipts.

To be called The Trend Exchange, the marketplace will allow interested parties to hedge financial risks associated with major movie productions.

The company said it expects approval of the exchange by the Commodity Futures Trading Commission by March 24, 2010.

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