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Full Name Germany 30
Currency EUR
Spread Type Floating
Margin 2%
Min traded quantity 0.1
Trading hours Mon - Fri 06:00 - 20:00 (UTC)
Long position overnight fee -0.0100%
Short position overnight fee -0.0122%
Overnight fee time 00:00 AM
Derivative Type Contract for Difference
Germany 30
The Germany 30, or the DAX 30, is an index that reflects the performance of 30 major blue-chip German entities listed on the Frankfurt Stock Exchange (Deutsche Börse). Created in 1988, the DAX 30 is a free-floating index covering the German companies with the largest market capitalisation and book value. It represents approximately 80% of the Deutsche Börse's market cap. Basically, the DAX 30 is a benchmark, tracking the direction of the stock market in Germany. The prices used to calculate the index are provided by the trading platform Xetra.