News Center
Feb 07, 2013

Eurex

US Treasury to designate Eurex Exchange as “Qualified Board or Exchange”

Designation enables U.S. persons to receive 60/40 tax treatment

The international derivatives marketplace Eurex Exchange announced today that the U.S. Treasury will publish a revenue ruling in which it designates Eurex as a “Qualified Board or Exchange” for purposes of section 1256 of the U.S. Internal Revenue code. This ruling, effective for all contracts entered on or after 1 March 2013, means that U.S. persons that trade on Eurex Exchange may receive ‘60/40 tax treatment’ in the same way when trading at other U.S. futures exchanges.

This treatment applies only to U.S. persons, and allows them to claim 60 percent of their gains or losses on eligible Eurex contracts as long-term capital gains/losses and 40 percent as short-term capital gains/losses.

“We are very pleased about the U.S. Treasury’s ruling as it will provide significant savings to U.S. persons trading at Eurex and will attract additional liquidity to our markets,” said Michael Peters, member of the Eurex Executive Board.

Media contact:

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.