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Inside the Currency Market: Mechanics, Valuation, and Strategies by Brian Twomey

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Deutsche Boerse DAX, STOXX, Bunds, and the Euro

What is known as the Xetra Dax 30 that trades on the Deutsche Boerse, formerly known as the Frankfurt Stock Exchange, is comprised of DAX as an index to measure stock prices and Xetra is the electronic trading system employed by market professionals to report DAX movements. DAX is actually a family of indices such as the MDAX—comprised of 50 medium sized German and foreign companies, TEC DAX—comprised of 30 of Germany's largest tech companies, and SDAX—comprised of 50 German small-cap companies, to name a few.

The Deutsche Boerse actually calculates approximately 2700 indices daily, the vast majority comprise DAX indices for other global markets such as volatility indices, strategy indices, short ...

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