It is for huge stock trades and all futures trades.
http://www.bloomberg.com/apps/news?pid=20601087&sid=absiuoM9iwwo&pos=9
The measure would be based on legislation DeFazio proposed in the House that would apply a tax of 0.25 percent or 25 basis points to stock transactions in excess of $100,000, and a levy of 0.02 percent or 2 basis points on derivatives including futures, options, swaps and credit default swaps.
http://www.bloomberg.com/apps/news?pid=20601087&sid=absiuoM9iwwo&pos=9
The measure would be based on legislation DeFazio proposed in the House that would apply a tax of 0.25 percent or 25 basis points to stock transactions in excess of $100,000, and a levy of 0.02 percent or 2 basis points on derivatives including futures, options, swaps and credit default swaps.