How to Trade the German Dax (Germany 30 Index) 👍 2 years ago

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● Trading the German DAX 30.
● You can trade the Dax at Ayondo
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The DAX 30 represents the top 30 biggest listed companies in Germany [DAX Deutscher Aktienindex]. The DAX started trading in 1987 at a level of 1000 and hit 12888.95 in June 2017.

The DAX index itself is market weighted - the higher the market cap of the company the more weighting its going to have on the index. The DAX or Germany 30 as it is sometimes referred to can be quite volatile.

The DAX is obviously susceptible to EU data and the EURO. Constituents include Siemens, Bayer, SAP, BASF, Allianz, Daimler, Deutsche Telekom, Adidas, Fresenius, Deutsche Post, Linde and Munich Re.

The Germany is somewhat correlated to other European indices like the FTSE 100 although its probably more volatile. With that kind of volatility you also get opportunities.