The DAX® Derivatives Index Family

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.

With our family of DAX® derivatives, we offer liquid instruments that are perfectly suited to meet your needs. We are providing options and futures on the DAX®, DivDAX®, MDAX® and TecDAX®. 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. 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.


The DAX® reform and its impact on derivatives trading

The increase in the DAX to 40 constituents marks a significant evolution for the leading German index. But what will the impact be on derivatives trading? We spoke to Zubin Ramdarshan, Head of Equity & Index Product Design, Eurex.
Read more

Qontigo’s Flaegel: ‘DAX Reform Puts Index Family in Best Possible Position for the Future’

On September 20, Germany’s flagship DAX® Index will expand from 30 to 40 constituents, concluding the biggest reform in the benchmark’s +30-year history.
Discover more

September Implementation of DAX Reform
2021

Qontigo conducted an analysis based on the simulation of the DAX rule changes that are going to be effective with September review.
Gain valuable insights

When 40 is the New 30 – What DAX Gains Following Enlargement

In this article, Qontigo analyzes the effect of the ten new components on the DAX, by comparing the enlarged DAX with 40 constituents to the historical DAX with 30 constituents.
Find out more

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 +4.90% 14,462.00 59,268 21:01:15
FDXM +4.90% 14,462.00 34,638 21:01:15
FSMX -1.84% 29,740.00 915 18:59:57
FTDX +0.92% 3,171.00 150 18:59:57
FDIV +3.43% 174.85 0 18:59:58
FSDX +2.89% 1,532.50 0 18:59:56
FDXS +3.73% 14,462.00 16,240 21:00:57

Contract Specifications

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

Min. Price Change

Product Code

Trading Hours

Expiration Months

Points

Value

1


EUR 25

FDAX

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Standard – Up to 9 months

The three nearest quarter months of Mar, Jun, Sep and Dec 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)

Standard – Up to 5 years

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

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

Min. Price Change

Product Code

Trading Hours

Expiration Months

Points

Value

1


EUR 5

FDXM

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Standard – Up to 9 months

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

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

Min. Price Change

Product Code

Trading Hours

Expiration Months

Points

Value

Points

1


EUR 5

F2MX

07:50 –22:00 CET
 

08:50 – 22:00 CEST


Standard – Up to 9 months

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

0.1

EUR 5

O2MX

08:50 –17:30 CET

09:50 –17:30 CEST



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

Standard – Up to 2 years

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

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

Min. Price Change

Product Code

Trading Hours

Expiration Months

Points

Value

Points

0.5


EUR 5

FTDX

07:50 –22:00 CET
 

08:50 – 22:00 CEST


Standard – Up to 9 months

The three nearest quarter months of Mar, Jun, Sep and Dec 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)

Standard – Up to 2 years

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

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

Min. Price Change

Product Code

Trading Hours

Expiration Months

Points

Value

Points

0.05


EUR 200

FDIV

01:10 –22:00 CET
 

02:10 – 22:00 CEST


Standard – Up to 9 months

The three nearest quarter months of Mar, Jun, Sep and Dec 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)

Standard – Up to 2 years

The three nearest quarter months of Mar, Jun, Sep and Dec cycle

Volume Development

Bar chart expressing the trading volume development of FDAX in millions and percentage of share of Mini-DAX.

Contacts

Achim Karle
Eurex Frankfurt AG | Global Equity & Index Sales
Equity & Index Sales EMEA

Mergenthalerallee 61
65760 Eschborn

T +49-69-211-1 87 57

achim.karle@eurex.com

Eugen Mohr
Eurex | Sales Americas | Equity & Index
Equity & Index Sales America

233 South Wacker Drive, Suite 2450
Chicago, IL 60606

T +1-312-544-10 84

eugen.mohr@eurex.com

Chih-Chao Feng
Equity & Index Sales Asia

2904-7, 29/F Man Yee Building, 68 Des Voeux Road Central
Hong Kong

T +852-25 30-78 02

chih-chao.feng@eurex.com

Tobias Ehinger
Eurex Frankfurt AG
Equity & Index Product Design

Mergenthalerallee 61
65760 Eschborn

T +49-69-211-1 23 13

tobias.ehinger@eurex.com

Seo Young Kwon
Eurex Frankfurt AG | Marketing

Mergenthalerallee 61
65760 Eschborn

T +49-69-211-1 34 54

seoyoung.kwon@eurex.com

Market Status

XEUR

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