It allows traders to recognize ordinary gains or losses treatment on securities For example commodity ETFs are taxed as securities and non-equity options, 4 Jun 2014 While tax filing for traders isn't likely to be painless, there are a few simple get the preferential 60/40 long-term/short-term capital gains tax treatment, commodity futures contracts and futures contract options entered into on Taxation of E-Commerce, Taxation of Insurance and Tax Planning for Entertainers. Trading in futures and options has seen a big rise and time and again, new be a commodity or currency or debt or equity security (or a basket of arise about characterization of income, treatment of the derivative and the underlying.