Mini-DAX Futures

Trading DAX with ease

The Mini-DAX® Futures is a retail-oriented contract, designed in parallel to the established DAX® Futures contract. Mini-DAX® gives semi-professional investors the opportunity to hedge and get exposure to the German benchmark index with significantly lower contract values.

DAX® index comprises the 30 largest and most actively traded German companies, which includes Daimler, Deutsche Bank, Volkswagen, Adidas and SAP.


Key Benefits

  • Price transparency
    Compelling alternative to the OTC market due to its price transparency benefits
     
  • Liquid benchmark products
    More than EUR 1.58 trillion notional volume has been traded since inception
     
  • Easy access to Germany
    Gain exposure to the top 30 German stocks at a lower contract value
     
  • Exchange-traded benefits
    Major trading, clearing and risk management functionalities at the exchange help to reduce counterparty risks and increase margin efficiencies
     
  • Trading and clearing across all time zones
    Extended trading hours creates more trading and hedging opportunities for the market participants in all time zones - Asia, Europe and the U.S. 

Historical Price Movements

Advantages over ETFs

In nearly every trading scenario, Mini-DAX® futures offer a more cost-efficient way to manage DAX 30® exposure compared to ETFs:

1) No Management FeePay no management fee when you trade FDXM futures vs. DAX 30® ETFs
2) Capital EfficiencyMini-DAX® futures margin is more capital efficient comparing it to the direct investment in DAX 30® ETF's
3) 24/5 Trading Access

Nearly 24/5-access means additional trading and hedging opportunities during events ie. Brexit, German elections

4) Tactical Trading Tool

Short-term strategy based on anticipated market trends

5) Minimal Tracking Error

FDXM futures track the underlying index very accurately

Advantages over CFDs

Mini-DAX® futures offer a variety of advantages in comparison to CFD’s and warrants on DAX 30® Index:

1) Exchange TradedMini-DAX® futures trade on a regulated exchange platform (Eurex) with an independent exchange surveillance

2) Transparent Pricing

Eurex offers transparent trading & clearing services, including a central counterparty system with reduced counterparty risk

3) High Liquidity and Tight SpreadMini-DAX® futures offer extended liquidity and tightest spreads during full trading hours

Contract Specifications

Click on the 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

01:00 –

22:00 (CET)


02:00 –

22:00 (CEST)

Standard – Up to 9 Months

The three nearest quarter months of

Mar, Jun, Sept and Dec cycle


Orderbook

High liquidity, tight spread

Displayed data is 15 minutes delayed. Last trade: Nov 27, 2020 4:11:50 AM

Market depth


Bid Ask  
Contract (maturity) Quantity Bid Ask Quantity Last Price NetChange Cumulative Volume (QTY) Open Interest
Dec 2020 1 13,251.00 13,255.00 3 13,255.00 -0.18% 283 11,534
Mar 2021 1 13,242.00 13,247.00 3 13,240.00 -0.10% 3 370
Jun 2021 1 13,245.00 13,254.00 3 13,264.00 -0.24% 9 43

Volume Development

new_Volume_Development

Highlights

Market Status

XEUR

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