Equity Index

DAX Index Family

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.

With our family of DAX derivatives, we offer liquid instruments that are perfectly suited to meet your needs. We are providing futures and options on the DAX, MDAX, TecDAX and DivDAX. We are also offering Mini-DAX® Futures with a tick size of EUR 5 and Micro-DAX® Futures and Options 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. However, Germany is Europe’s largest economy. Asset managers like targeted exposure to Europe’s economic powerhouse as economic turmoil and geopolitics have reinforced Germany's safe-haven status.

DAX derivatives: Traded Contracts and Open Interest

FDAX

ODAX

Key Benefits

  • Internationally recognized German benchmark product
    Blue-chip index for the German stock market – one of the most liquid derivative products at Deutsche Börse
  • Access to Germany
    Gain exposure to the top German stocks such as Daimler, Allianz, Volkswagen, Adidas, Deutsche Bank and SAP
  • Price transparency
    Compelling alternative to the OTC market due to its price transparency benefits
  • Exchange-traded benefits
    Important exchange-based trading, clearing and risk management functionalities help to reduce counterparty risks and increase margin efficiencies
  • Trading and clearing across all time zones
    Extended trading hours create more trading and hedging opportunities for market participants in all time zones - Asia, Europe and the U.S.
  • Variation of DAX indices
    The DAX index family also consists of specific category indices such as Manufacturing, Technology and Dividend


Products

Market Prices

Product Diff. to prev. day last Last price Contracts Time
FDAX +0.99% 19,420.00 51,339 22:03:50
FDXM +0.89% 19,394.00 33,186 22:03:50
FDXS +0.87% 19,403.00 34,065 21:59:57
FSDX +0.99% 1,835.00 34 18:18:46
FSMX +1.16% 26,222.00 1,382 18:18:47
FTDX +1.11% 3,373.00 94 18:18:49
FDIV +1.41% 182.80 1 18:18:35

Contract Specifications

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturity / Expiration Months

Points

Value

1


EUR 25

FDAX

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Up to 36 months:

The next twelve quarterly months of the March, June, September and December cycle.

0.1

EUR 5

ODAX

08:50 –17:30 CET

09:50 –17:30 CEST



08:50 –19:00 CET
09:50 –19:00 CEST
(Eurex trade entry services)

Up to 60 months:

The three nearest successive calendar months, the ten following quarterly months of the March, June, September and December cycle thereafter and the two following annual months of the December cycle thereafter.

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturity Months

Points

Value

1


EUR 5

FDXM

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Up to 36 months:

The next twelve quarterly months of the March, June, September and December cycle.

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturity / Expiration Months

Points

Value

1


EUR 1

FDXS

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Up to 9 months:

The three nearest quarterly months of the March, June, September and December cycle.

1

EUR 1

ODXS

08:50 –17:30 CET
 

09:50 – 17:30 CEST

Up to 12 months:

The three nearest successive calendar months and the three following quarterly months of the March, June, September and December cycle thereafter. 

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturity / Expiration Months

Points

Value

1


EUR 1

FSMX

07:50 –22:00 CET
 

08:50 – 22:00 CEST


Up to 9 months:

The three nearest quarterly months of the March, June, September and December cycle.

0.1

EUR 0.1

OSMX

08:50 –17:30 CET

09:50 –17:30 CEST



08:50 –19:00 CET
09:50 –19:00 CEST
(Eurex trade entry services)

Up to 24 months:

The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturity / Expiration Months

Points

Value

0.5


EUR 5

FTDX

07:50 –22:00 CET
 

08:50 – 22:00 CEST


Up to 9 months:

The three nearest quarterly months of the March, June, September and December cycle.

0.1

EUR 1

OTDX

08:50 –17:30 CET

09:50 –17:30 CEST



08:50 –19:00 CET
09:50 –19:00 CEST
(Eurex trade entry services)

Up to 24 months:

The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.

Click on the Eurex product code to view further contract details, such as price charts and trading parameters.

Min. Price Change

Product ID

Trading Hours

Maturtiy / Expiration Months

Points

Value

0.05


EUR 200

FDIV

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Up to 9 months:

The three nearest quarterly months of the March, June, September and December cycle.

0.01

EUR 200

ODIV

08:50 –17:30 CET

09:50 –17:30 CEST



08:50 –19:00 CET
09:50 –19:00 CEST
(Eurex trade entry services)

Up to 24 months:

The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.

Contacts

Achim Karle
Equity & Index Sales EMEA

T +49-69-211-1 87 57

achim.karle@eurex.com

Eugen Mohr
Equity & Index Sales EMEA

T +1-312-544-10 84

eugen.mohr@eurex.com

Mezhgan Qabool
Equity & Index Sales Asia

T +65-6597-3062

mezhgan.qabool@eurex.com

Tobias Ehinger
Equity & Index Product Design

T +49-69-211-1 23 13

tobias.ehinger@eurex.com

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

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