dealer securities futures contract
Defined in 1 place of the United States Code.
The term “dealer securities futures contract” means, with respect to any dealer, any securities futures contract, and any option on such a contract, which—
(i) is entered into by such dealer (or, in the case of an option, is purchased or granted by such dealer) in the normal course of his activity of dealing in such contracts or options, as the case may be, and
(ii) is traded on a qualified board or exchange.
Source
- 2000–present26 U.S.C. § 1256Internal Revenue Code · Section 1256 contracts marked to market · for purposes of this section