Section 1256(g)(7)(C) Qualified Board or Exchange Rulings

Description of Board or Exchange	IRS Guidance 	
Exchange, a fully electronic exchange that is a public law institution with partial legal capacity in Country X and that is operated by Entity A, a Country X joint stock corporation. Exchange is a regulated market in accordance with Directive and the Country X Exchange Act.	PLR 202506011	
Exchange 1, an all-electronic derivatives exchange, and a corporation incorporated under the laws of Foreign Jurisdiction A. Exchange 1 provides electronic trading for various classes of financial instruments, including futures and options on futures.	PLR 202451018	
European Energy Exchange (EEE), a regulated exchange of Germany.
	Rev. Rul. 2024-23 (effective for EEE contracts entered into on or after November 1, 2024	
Bourse de Montréal (MX), a regulated exchange of Québec, Canada.
	Rev. Rul. 2024-22 (effective for MX contracts entered into on or after November 1, 2024), obsoleting Rev. Rul. 86-7 (Mercantile Division of the Montreal Exchange)	
Eurex Deutschland, a regulated exchange of Germany.
	Rev. Rul. 2013-5	
Exchange, an all-electronic futures and option exchange that is a Country X public-law institution. Exchange itself does not have an owner, but is operated by Entity A, the Exchange's administrative and operating institution. Entity A is owned by Entity B, a Country Y futures and option exchange.	PLR 201322033	
Exchange, a private limited company under the laws of Financial Zone located in Country, licensed by the Authority as an Authorized Market Institution to operate an exchange within the Financial Zone.	PLR 201110009	
Exchange, a derivatives market operated by Company, a Country A company governed by the Country A Acts. Under the Country A Financial Act, Company is a Recognized Investment Exchange (“RIE”), which exempts Company from the requirement that it be authorized to conduct regulated activities in Country with respect to the operation of its markets. 	PLR 201016002
	
London International Financial Futures and Options Exchange (LIFFE), a United Kingdom derivatives market.
	Rev. Rul. 2010-3	
ICE Futures Canada, a commodity futures exchange and a self-regulatory organization of Manitoba, Canada.
	Rev. Rul. 2009-24	
Dubai Mercantile Exchange, a United Arab Emirates Authorized Market Institution.
	Rev. Rul. 2009-4	
Exchange, a commodity futures exchange founded as a cash market, followed shortly by forward, futures, and option markets. Exchange incorporated under the provisions of The Corporations Act (Province A) as a for-profit, share capital corporation. Exchange is a subsidiary of Parent, a State A publicly traded corporation.	PLR 200951031	
ICE Futures Europe
	Rev. Rul. 2007-26	
Exchange, a private unlimited company incorporated under the Companies Acts 1948 to 1976 at Cardiff (United Kingdom) on Date 1. Exchange is an indirect, wholly-owned subsidiary of Parent and is a U.K. “recognised investment exchange” that offers electronic trading of a variety of energy commodity derivatives contracts including commodity futures contracts and futures contract options. 	PLR 200726006	
Mutual Offset System between the Chicago Mercantile Exchange and the Singapore International Monetary Exchange Limited	Rev. Rul. 87-43	
International Futures Exchanges (Bermuda) Ltd.	Rev. Rul. 85-72	
Q, a division of P, a securities and commodities exchange located in S, established to provide a market in certain commodity futures contracts. Q hosts the trading of [] and plans to list additional contracts in the future. Trading on Q is devoted exclusively to commodity futures contracts.	PLR 8528072