German 30 Index Cash

German 30 Index Cash

Charts by TradingView

About GER30

Τhe GER30, also known as DAX or Deutscher Aktien Index, is a stock index that represents 40 of the largest and most liquid German companies that trade on the Frankfurt Exchange. The prices used to calculate the GER30 index come through Xetra, and a free-float methodology is used to calculate the index weightings together with a measure of the average volume.

What affects the price of German 30 Index Cash?

As a blue-chip index, the GER30 is weighted by market capitalisation, so companies with higher market capitalisation have more impact on its value. Companies included in the GER30 can have a maximum weight of 10%. The prices used to compute the Index come from Xetra, which is an electronic trading system.

History German 30 Index Cash

The GER30 was created in 1988, and member companies represent roughly 80% of the aggregate market cap that trades on the Frankfurt Stock Exchange. In 2021 the companies expanded from 30 to 40 in total.

German 30 Index Cash Forex Chart
Instrument: German 30 Index Cash
Spread: 1.90
Leverage: 20.1
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -1.11 %
Overnight Interest (daily) Buy: -1.04%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: GER30

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German 30 Index Cash Trading FAQs

The DAX is a German blue-chip stock market index that tracks the performance of the 40 largest companies trading on the Frankfurt Stock Exchange and is a major benchmark of German and European stocks. Companies included are measured by liquidity and market cap and an indicator of trends in Germany's economy. Some of them are Volkswagen, BMW, Adidas and Bayer.

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