Tax questions cloud prospects for CME swap future and Mac swaps
The US taxman is holding back growth in CME Group’s new swap futures contract, according to some market participants. This is a consequence of the product’s design, in which users can end up taking delivery of an over-the-counter swap at an off-market rate when the contract reaches expiry. The fear is that US tax rules may treat this as a loan, which prompted some users to roll their positions at the product’s first two maturity dates in March and June, rather than allowing them to expire. The
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
