Futures trading taxes as market volatility spikes due to Fed

As market volatility spikes due to Fed rate projections, futures trading taxes are becoming a key part of strategy modeling. Traders in crude oil futures need to adjust for mark-to-market taxation under Section 1256, which applies a 60/40 split for capital gains. In a statement Friday, DOT spokesperson Nathaniel Sizemore said the Biden administration had added requirements to NEVI that were “difficult to understand and implement,” and that the huge amount of money that remained unobligated when the former president left office was "a clear signal of the program’s failure." The US Dollar Index ( DX-Y.NYB ) — which tracks the dollar's value against a basket of major currencies including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc — has dropped more than 8% since the start of the year, underperforming every other G10 currency, according to Bloomberg data. It ranks as one of the worst-performing asset classes of the year, alongside Brent Crude ( BZ=F ). As platinum futures engage in breakout patterns, futures trading taxes under Section 1256 remain favorable compared to spot trades, encouraging position scale-ups pre-expiration.