The DAX (Deutscher Aktienindex (German stock index); German pronunciation:[daks]ⓘ) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard's 40 largest German companies in terms of order book volume and market capitalization.[2] DAX is the equivalent of the UK FTSE 100 and the US Dow Jones Industrial Average, and because of its small company selection it does not necessarily represent the vitality of the German economy as a whole.
The L-DAX Index is an indicator of the German benchmark DAX index's performance after the Xetra trading venue closes based on the floor trading at the Börse Frankfurt trading venue. The L-DAX Index basis is the "floor" trade (Parketthandel) at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:45 Hours CET.[3] The L/E-DAX index (Late/Early DAX) is calculated from 17:55 to 22:00 CET and from 08:00 to 09:00 CET. The Eurex, a European electronic futures and options exchange based in Zürich, Switzerland with a subsidiary in Frankfurt, Germany, offers options (ODAX) and Futures (FDAX) on the DAX from 01:10 to 22:00 CET or from 02:10 to 22:00 CEST.[4]
The Base date for the DAX is 30 December 1987, and it was started from a base value of 1,000. The Xetra technology calculates the index every second since 1 January 2006.
On 24 Nov 2020, Deutsche Börse announced an expansion of the DAX from 30 to 40 members and a tightening of rules in response to the Wirecard accounting scandal.[5] The expansion occurred in the 3rd quarter of 2021.[6]
^"Trading Parameter Xetra Frankfurt" (PDF). Xetra. 23 November 2020. Archived (PDF) from the original on 26 August 2021.
^"Extension of trading hours for selected benchmark futures and MSCI futures" (PDF). Eurex Exchange. 15 November 2018. Archived (PDF) from the original on 26 August 2021.
^"Germany's DAX to expand to 40 members from 30 in index shake-up". Reuters. 24 November 2020 – via www.reuters.com.
^Ramakrishnan, Shriya; Kumaresan, Shivani (24 November 2020). "Germany's DAX index gets shake-up in wake of Wirecard scandal - Metro US". www.metro.us.
Look up dax or DAX in Wiktionary, the free dictionary. Dax or DAX may refer to: DAX, stock market index of the top 40 German companies DAX 100, an expanded...
Dax Randall Shepard (born January 2, 1975) is an American actor, comedian, filmmaker and podcaster. Since 2018, he has hosted Armchair Expert, a podcast...
Jadzia Dax /dʒædˈziːə ˈdæks/, played by Terry Farrell, is a fictional character from the science-fiction television series Star Trek: Deep Space Nine...
Dax Milne (born June 23, 1999) is an American football wide receiver and return specialist for the Washington Commanders of the National Football League...
Dax S. Griffin (born March 22, 1972) is an American actor. He is known for portraying younger Hank Pym in Ant-Man and its sequel Ant-Man and the Wasp...
FF Dax is a humanist sans-serif typeface designed by Hans Reichel, published by FontFont library. The typeface is popular in advertising and in marketing...
Dax David Riggs (born October 15, 1973) is an American musician, best known for fronting the sludge metal band Acid Bath in the 1990s. He has been a part...
wrestler. He is signed to All Elite Wrestling (AEW) under the ring name Dax Harwood or Dax The Axe. Teamed with Cash Wheeler as FTR, Harwood is a two-time AEW...
Dax ExclamationPoint is the stage name of Dax Martin, a drag performer and cosplayer who competed on season 8 of RuPaul's Drag Race. Dax Martin enjoyed...
Marc Dax (27 December 1770 – 3 June 1837) was a French neurologist, sometimes credited for discovering the link between neurological damage to the left...
Ezri Dax (/ˈɛzri ˈdæks/) is a fictional character who appears in the seventh and final season of the American science fiction TV series Star Trek: Deep...
Armchair Expert is a weekly podcast hosted by American actors Dax Shepard and Monica Padman. Each podcast features Shepard and Padman interviewing celebrities...
Dax Riders is a French techno/synth-funk band founded in 1994 by Oliver Dax (also known as "Daxman") and Cédric Azencoth ("Bad Ced"). In 1998, the duo...
Deutsche Börse. It consists of all member companies of the DAX, MDAX, and TecDAX, and is a successor to the DAX 100 index. DAX MDAX SDAX TecDAX v t e...
Dax Cathedral (French: Cathédrale Notre-Dame de Dax) is a Roman Catholic church in the town of Dax in the Landes département of France. The diocese of...
Dax Dasilva is a Canadian tech entrepreneur, author and philanthropist. Dasilva founded the e-commerce company Lightspeed in 2005, which went public in...
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market...
Michael Dax McCarty (born April 30, 1987) is an American professional soccer player who plays as a defensive midfielder for Major League Soccer club Atlanta...
index as of the quarterly review effective on February 2024. DAX MDAX TecDAX ÖkoDAXdax-indices.com Downloadseite der Deutschen Börse SDAX Historical...
Dax station is a railway station serving the town Dax, Landes department, southwestern France. It is situated on the Bordeaux–Irun railway and the Puyoô–Dax...
Dax Holt (August 3, 1982) is an American entertainment reporter, entertainment personality host, and entrepreneur. He was a TMZ on TV on-air correspondent...
Guiraude de Dax (fl. c. 1100 – c. 1130) was a Gascon heiress. She was the daughter of Arnaud III Raymond, vicomte de Dax, who died c. 1090. Guiraude was...
Global Information
