By Keith Staskiewicz
Updated April 20, 2010 at 10:58 PM EDT

Cantor Fitzgerald has gotten approval to move ahead with its planned market for trading movie box-office futures, Bloomberg reports. The market would be like a real-life Hollywood Stock Exchange where investors can buy and sell stock based on how well a given film will do. While the proposed exchange was contested by some Hollywood execs, the Commodity Futures Trading Commission voted to allow its creation.