Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFDs on DAX Performance Index. #GERMANY40 (DAX) is calculated as the average weighted by capitalization value of the largest companies in Germany. Note that their capitalization is calculated only on the basis of shares in free circulation (free float). The index also takes into account the income of the shares, assuming that dividends are reinvested in the company’s stocks. Thus, it reflects the total return of the capital. DAX was created on July 1, 1988, and still is calculated by Deutsche Börse AG. #GER40 uses stock prices from the XETRA electronic exchange. The index is calculated on the XETRA working hours from 9:00 am to 5:30 pm (CET). In later time, Deutsche Börse AG calculates the L-DAX (Late DAX), which is an indicator of the DAX development after the exchange closes. The calculation of L-DAX is made on the basis of stock prices on the Frankfurt Stock Exchange every business day from 5:30 pm to 8:00 pm Central European Time. Also, DAX Performance Index affects significantly the dynamics of European currency fluctuations. Today this index is listed on the Deutsche Börse and its course is subject to the observations of many traders in the world. If you want to diversify your trader’s portfolio, take a closer look at the price fluctuations of #GER40. Among the reasons to follow the CFDs on DAX is the strong volatility that can be observed during the day-to-day trading sessions. On this page, you can take a look at the live chart to make your own responsible decision to buy or to sell CFD (Contract for Difference) on this index through the FxPro trading platforms. To start trading, open your FxPro Direct account by clicking the “Register” button at the top of this page. Several convenient top-up methods with 0% commissions are available.
