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Corporate Tax Futures heading

Corporate Tax Futures:
Now Trading

A new way to hedge and trade
U.S. corporate tax rate risk

Anticipating tax rate fluctuations doesn't have to bring uncertainty.

Corporate Tax Futures (ticker: TAX) will fill a market void in managing tax risk, offering an effective tool to trade risk associated with changes in the U.S. corporate tax rate. Powered by MIAX® and offered by MGEX via the CME Globex platform, Corporate Tax Futures contracts bring tradability to the effects of post-stimulus budgeting in government.

Corporate Tax Futures are built upon the SIL U.S. Corporate Tax Rate Index (index symbol: CTAX), developed by SIG Index Licensing, LLC. The CTAX index provides a clear, simple way to measure potential changes in the U.S. corporate tax rate. By tracking the highest marginal tax rate imposed in each year by the United States federal government on the taxable income of corporations, investors will be able to better hedge U.S. equity market exposure. For the first time, corporations, liquidity providers, institutions, hedge funds and equity investors will have a powerful risk management tool to hedge against future corporate tax rate volatility.

MIAX is proud to partner with SIG Index Licensing, LLC (SIL) to offer Corporate Tax Futures.

To learn more about Corporate Tax Futures please contact proprietaryproducts@miami-holdings.com or 609-897-8177

Corporate Tax Futures Resources

TAX
Resource Guide

All your key documents in one place

Download

Key
Features

Introduction to Corporate Tax Futures

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Press
Release

Official statement on the launch of Corporate Tax Futures

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Index
Methodology

SIL U.S. Corporate Tax Rate index calculation walkthrough

Download

Fact
Sheet

Brief overview of CTAX Index and TAX Futures

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Corporate Tax Rate
Index History

Historical data available from 1909

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TAX Contract
Specifications

Characteristics of TAX Futures

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Rate
Card

Exchange and Clearing fees

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TAX
Disclaimer

Legal statement and special risk disclosure

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