Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFD on DAX Index Futures. 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 shares income, assuming that dividends are reinvested in company’s stocks. Thus, the index reflects the total return of the capital. DAX was created on July 1, 1988 and still is calculated by Deutsche Börse AG. DAX Index 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 Index affects significantly the dynamics of the European currency fluctuations. Actually, futures is a standardized forward contract to buy or sell an asset at a predetermined price at a specified time, known as an expiration date. If you want to diversify your trader’s portfolio invested in non-correlated asset class, take a closer look at the price fluctuations of the DAX Index Futures.
On this page, you can take a look at the live chart to make your own responsible decision to buy or to sell CFDs (Contract for Difference) on futures 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.
DAX Index Futures Calendar
| Month | Ticker | Start Trading | Trading only for closing positions | Expiration date |
|---|---|---|---|---|
| December 2022 | #GER40_Z22 | 14/09/2022 | 14/12/2022 | 16/12/2022 |
| March 2023 | #GER40_H23 | 14/12/2022 | 15/03/2023 | 17/03/2023 |
| June 2023 | #GER40_M23 | 15/03/2023 | 14/06/2023 | 16/06/2023 |
| September 2023 | #GER40_U23 | 14/06/2023 | 13/09/2023 | 15/09/2023 |
| December 2023 | #GER40_Z23 | 13/09/2023 | 13/12/2023 | 15/12/2023 |
* Only if Margin Level > 100%
** Margin applies for volumes up to 50 lots. Please refer to Futures Leverage Information for larger volumes
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.