1. What is the German DAX Index?
The German DAX index (German: Der Dax originated from Deutscher Aktienindex) is an important stock index in Germany. A blue chip index launched by the Deutsche Börse Group. The index contains 30 major German companies. The DAX Index is an important stock index that ranks the same as the London Financial Times Index in Europe and is one of the important indexes in the world securities market. The index is traded through the Xetra trading system, so its trading method is different from the traditional public trading method, but the electronic trading method is adopted to facilitate global trading.
2. Introduction
The German DAX index (German: Der Dax originated from Deutscher Aktienindex) is an important stock index in Germany. A blue chip index launched by the Deutsche Börse Group. The index contains 30 major German companies. The DAX Index is an important stock index that ranks the same as the London Financial Times 100 Index in Europe and is one of the important indexes in the world securities market.
The DAX index is Germany's most valued stock price index, but the index consists of only 30 blue chip stocks. It is considered to be too narrow and not suitable as an indicator of the overall performance of the stock market. The DAX30 is a market-weighted average stock price index, similar to the US Standard Poor's 500, the French CAC-40 stock index and the London Financial Times 100 stock price index, rather than the simple average stock price average.
But unlike other indices, the DAX30 index attempts to reflect the total return of the German stock market, while other indices only reflect changes in market prices. The DAX30 Index takes into account dividend income and nominally reinvests all dividend income (in proportion to constituent stocks) on stocks. Thus, even if the German stock price does not change, the DAX30 index may still rise due to dividend income. Futures and options contracts for the DAX30 Index are traded on the European Futures Options Exchange (EUREX).
The index is traded through the Xetra trading system, so its trading method is different from the traditional public trading method, but the electronic trading method is adopted to facilitate global trading.
BingX respects all the laws of all countries to encrypt digital assets in blockchains. The services shown on this page are not open to residents in the following countries or regions: Afghanistan, Burundi, Central African Republic, Congo, mainland China, Ethiopia, Guinea, Guinea Bissau, Iraq, Iran, Democratic Republic of Korea, Lebanon, Sri Lanka, Libya, Serbia, Sudan, Somalia, South Sudan, Syrian Arab Republic, Thailand, Tunisia, Trinidad and Tobago, Ukraine, Uganda, the United States, Venezuela, Yemen, Zimbabwe, Cuba, Netherlands, the United States (including all United States territories, such as Puerto Rico, American Samoa, Guam). This list of excluded countries may vary, depending on the service.