What is the Dax 40?

A Trader’s Guide to the DAX The DAX 40 is a major stock market index tracking the largest German companies trading on the Frankfurt Stock Exchange and is a strong measure of German and European economic health. Keep reading to learn what the DAX 40 represents, its history, how it’s calculated, and why it’s a popular asset to trade.

What is the Dax 40 Indices weighted by market capitalization?

As with other major stock indices, the Dax 40 is weighted by market capitalization, meaning the companies higher up in the index will have a greater influence on its overall price. However, the maximum weight a listed company can be assigned is 10%. Of the DAX 40 companies, the ten largest by market capitalization, as of October 23, 2019 are:

How do I trade Dax 40 using CFDs with Admirals?

In order to start trading the DAX 40 using CFDs with Admirals, follow these steps: Head to the Market Watch window on the left-hand side of the screen, locate the symbol for the DAX 40 Index [DAX40], right click and select ‘Chart Window’ in order to open a price chart.

When did the Dax start?

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.