Deutscher Aktienindex 100 - DAX 100


DEFINITION of 'Deutscher Aktienindex 100 - DAX 100'

A former price-weighted index that represented Germany's top traded 100 stocks. DAX is an abbreviation for Deutscher Aktienindex. The DAX 100 was formed using the 30 DAX equities and the 70 MDAX equities listed on the Frankfurt Stock Exchange. Since March 24, 2003, the MDAX has included 50 equities and the former DAX 100 switched to the HDAX. The HDAX index reflects the price development of all shares in the DAX 30 (commonly referred to as the DAX), MDAX and TecDAX.

BREAKING DOWN 'Deutscher Aktienindex 100 - DAX 100'

The HDAX represents a broader blue chip index when compared to the DAX, and covers all the sectors that are listed in the EU regulated markets Prime Standard Segment. The DAX 30, MDAX and TecDAX are aggregated to form the HDAX. The DAX 30 reflects the 30 largest and most actively traded companies listed at the Frankfurt Stock Exchange; the MDAX is comprised of 50 mid-cap issues from traditional sectors; and the TecDAX tracks the 30 largest and most liquid issues from the technology sectors.

  1. Deutsche Aktien Xchange 30 - DAX ...

    Germany's benchmark stock market index, it is a total return ...
  2. Frankfurt Stock Exchange (FRA) ...

    Located in Frankfurt, Germany, the FRA is one of the largest ...
  3. Xetra

    An all-electronic trading system based in Frankfurt, Germany. ...
  4. European Union - EU

    A group of European countries that participates in the world ...
  5. DAX

    A stock index that represents 30 of the largest and most liquid ...
  6. Futures Market

    An auction market in which participants buy and sell commodity/future ...
Related Articles
  1. Fundamental Analysis

    Andre Kostolany: Germany's Stock Market Guru

    We can learn a lot from Kostolany and his "steady or shaky hand" investing philosophy.
  2. Forex Education

    The German ILO: Why It Matters To Traders

    Germany sets the standard and tone for business in Europe, which makes its economic releases a source of great interest to traders.
  3. Economics

    Investing Opportunities as Central Banks Diverge

    After the Paris attacks investors are focusing on central bank policy and its potential for divergence: tightened by the Fed while the ECB pursues easing.
  4. Economics

    Long-Term Investing Impact of the Paris Attacks

    We share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
  5. Stock Analysis

    An Introduction To The Indian Stock Market

    Most trading in the Indian stock market occurs through its two exchanges – the Bombay Stock Exchange and the National Stock Exchange.
  6. Savings

    How Americans Can Open a Bank Account In Thailand

    Have your paperwork in order and be sure to shop around.
  7. Forex Fundamentals

    How to Buy Chinese Yuan

    Discover the different options that are available to investors who want to obtain exposure to the Chinese yuan, including ETFs and ETNs.
  8. Trading Strategies

    How to Trade In a Flat Market

    Reduce position size by 50% to 75% in a flat market.
  9. Markets

    Will Paris Attacks Undo the European Union Dream?

    Last Friday's attacks in Paris are transforming the migrant crisis into an EU security threat, which could undermine the European Union dream.
  10. Markets

    What Slow Global Growth Means for Portfolios

    While U.S. growth remains relatively resilient, global growth continues to slip.
  1. What is the full phrase for 'GmbH', and what do the words in this acronym mean in ...

    In Germany, there are two types of companies: publicly traded and privately held. The acronym 'GmbH', which is written after ... Read Full Answer >>
  2. How do mutual funds work in India?

    Mutual funds in India work in much the same way as mutual funds in the United States. Like their American counterparts, Indian ... Read Full Answer >>
  3. Do mutual funds have CUSIP numbers?

    The Committee on Uniform Securities Identification Procedures (CUSIP) number is a standardized identification system used ... Read Full Answer >>
  4. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  5. What is the difference between a greenfield investment and a regular investment?

    A greenfield investment is a particular type of investment where an international company begins a new operation in a foreign ... Read Full Answer >>
  6. What are the benefits for a company investing in a greenfield investment?

    Advantages of greenfield investments include increased control, the ability to form marketing partnerships and the avoidance ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
  3. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  4. Black Tuesday

    October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million ...
  5. Black Monday

    October 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning ...
  6. Monetary Policy

    Monetary policy is the actions of a central bank, currency board or other regulatory committee that determine the size and ...
Trading Center