What time do DAX futures open?
The Dax futures trading hours are from 8:00AM to 10:00PM in Europe, which is 2:00AM to 4:00PM Eastern in the United States. DAX futures are traded on the EUREX, which is an electronic exchange you can reach on www.eurexchange.com, under the symbol FDAX.
What is DAX Eurex?
The DAX® is Deutsche Börse’s blue-chip index for the German stock market, one of Europe’s most efficient stock markets. It’s comprised of the 40 largest and most actively traded German companies. However, Germany is Europe’s largest economy.
What exchange is the DAX futures traded on?
Futures on DAX are bought and sold every trading day on the Eurex exchange. The value of a DAX futures contract is equivalent to 25 times the current price of the contract in euros. The settlement date is always the third Friday of the respective contract month (March, June, September and December).
What is the best time to trade the DAX?
Similar to the Aussie 200 index CFD, the best time to trade it is within the first hour of trade from the open. For many day traders, the Dax index is their favourite for this very reason. They can work their standard job, then actively look for trading opportunities on the Dax and be done by 8pm.
Is the DAX open 24 hours?
The DAX 40 market hours are between 9am – 5.30pm in Central European (CET) time but out of hours prices are also calculated through the late DAX (5.30pm – 10pm CET time) and early DAX (8am to 9am CET time). The index is usually available for trading 24 hours a day.
What products are traded on Eurex?
Money Market Derivatives.
What are DAX futures?
Micro DAX Index futures from the Eurex Exchange are new and smaller-sized stock index futures contracts based on the most popular stock indices in Europe. Traders can now have the ability to trade micro-sized contracts on the key stock index market in Germany using Micro DAX Index futures.
What companies are listed on the DAX?
DAX Member Companies
- Airbus SE (AIR:GR)
- Adidas AG (ADS:GR)
- Allianz SE (ALV:GR)
- BASF SE (BAS:GR)
- Bayer AG (BAYN:GR)
- Beiersdorf AG (BEI:GR)
- Bayerische Motoren Werke AG (BMW:GR)
- Brenntag SE (BNR:GR)
Who owns the DAX?
DAX
| Foundation | 1 July 1988 |
| Operator | STOXX (Qontigo,Deutsche Börse) |
| Exchanges | Frankfurt Stock Exchange |
| Constituents | 40 (expanded from 30 in 2021) |
| Type | Large cap |
How big is the tick size of Dax futures?
We also offer Mini-DAX ® Futures with a tick size of EUR 5 and Micro-DAX ® Futures with a tick size of EUR 1. Why Germany? Since the euro’s launch, asset managers have broadened their scope to pan-European markets and exhibited a preference for European indexes.
Which is better mini Dax or regular Dax futures?
The Mini-DAX ® Futures is designed in parallel to the established DAX ® Futures contract. Mini-DAX ® gives global investors the opportunity to hedge and get exposure to the German benchmark index with a contract value five times smaller than the regular contract.
What are the options expiry dates for Dax?
DAX® Options (ODAX) Product name Contract type Expiry Traded contracts Open interest (adj.) ODAX Sep 21 12,460 429,987 CALL Sep 21 6,761 145,931 PUT Sep 21 5,699 284,056 ODAX Oct 21 6,711 72,226
When do the new DAX index rules come into effect?
The new DAX index rules will be effective from September 2021. Nearly 24/5-access means additional trading and hedging opportunities during events ie. Brexit, German elections Click on the product code to view further contract details such as price charts and trading parameters