Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.
Germany 30 / DAX 30
What is GERMANY 30?
The GER 30 (indicative of the DAX 30) is an index that tracks the 30 largest companies being traded on the Frankfurt Stock Exchange (FWB), as measured by market capitalization and order book volume. Fortrade offers futures contracts on the index, with trading hours Monday-Friday, 07:01 – 20:59 GMT.
The idea of a stock market index is to measure how a certain segment of stocks on a particular exchange are trading, and it can be an effective indicator of the general stock market.
How do forex traders use GERMANY 30?
Because the DAX 30 is a leading indicator of the major stocks being traded on the German stock exchange, CFD traders are able to learn a great deal about which stocks are worth watching closely, and which are to be avoided. Seeing whether the GERMANY 30 is bullish or bearish, traders gain a strong tool for developing a trading strategy.
Links related to GERMANY 30