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Germany 30

Germany 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.

Among the major stocks measured on the GERMANY 30 are Bayer, Adidas, Deutsche Bank, and BMW.

How do forex traders use GERMANY 30?

Because the Germany 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.

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