Further information
Derivatives based on the DAX index are currently traded at Eurex, Europe’s largest derivatives exchange with around 420 members globally. At the end of September 2010, the average daily volume
(ADV) of Eurex’s DAX future is around 165,500 contracts, the DAX option at Eurex has an ADV of approximately 301,000 contracts (as of end September 2010).
About DAX
The DAX® index is Germany’s best-known equity index. It is designed to provide a representative picture of the German equity market by utilizing clearly defined and rule-based criteria, such as
market capitalization and exchange turnover. Represented in the index are all sectors of the German economy which have a pivotal influence on market activities, including construction,
automotive industry, banks, technology and utilities. Examples for components are: Adidas, BMW, Daimler and Siemens. The DAX index was launched on 1 July 1988. It is reviewed quarterly. The
index is available in euro and calculated in price and total return versions.
About Tokyo Financial Exchange (TFX)
Tokyo Financial Exchange Inc. (aka. TFX) was established in April 1989 under the Financial Futures Trading Law of Japan. In April 1989, TFX was established as a membership organization with the
capital provided by large sized financial institutions from around the globe, and in April 2004, was demutualized and incorporated in order to strengthen corporate governance as well as to enhance
convenience and transparency of the market. In addition, because the Financial Futures Trading Law was abolished and the Financial Instruments and Exchange Law, which was revised with the
Securities and Exchange Law, was enforced in September 2007, TFX transformed from a “Financial Futures Exchange” that handles only financial futures, into a more comprehensive “Financial
Exchange” that handles any kind of financial product.
About Deutsche Börse Group
STOXX
Deutsche Börse AG and SIX Group AG are sole shareholders of STOXX Limited, a global index provider best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50
and STOXX Europe 600. As of July 1, 2010, STOXX Limited is the marketing agent for the indices of Deutsche Börse AG and SIX Group AG, amongst them the DAX and SMI indices.
Eurex
The international derivatives exchange Eurex, jointly operated by Deutsche Börse AG and SIX Swiss Exchange, organizes markets globally. Eurex is home to the Euro zone interest rate and
equity index benchmark derivatives. Eurex’s portfolio of markets includes International Securities Exchange, a leading US equity options exchange. In addition, Eurex provides an automated and
integrated clearing house, Eurex Clearing AG. Eurex’s global liquidity network comprises around 420 direct exchange members in 27 countries worldwide.