Germany 40

18715.5
0.29%

Daily
  • L. 18710.5
  • H. 18776.5
  • Ch. -55.0
  • Ch.% -0.29%
Overview
Costs & Margins
  • The Germany 40 represents the DAX 40 index on City Index. The Germany 40 is comprised of the 40 largest and most liquid German companies registered on the Frankfurt Exchange. Together, these companies represent about 80% of the Frankfurt Exchange’s total market capitalisation, according to the Deutsche Borse Group.

    Many of the companies listed on the Germany 40 are companies that contributed to the “German economic miracle”, the country’s financial rebirth after World War II. Top companies on the Germany 40 include Adidas, Bayer, BMW, Volkswagen, Airbus and Puma.

    Unlike most other indices, the Germany 40 is updated with future prices for the proceeding day.

  • Margin From
    5.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1
  • Long
    0
  • Short
    0
  • Min Stop Distance
    0.0 Points
  • Guaranteed Order Minimum
    10.0 Points
  • Guaranteed Order Premium
    1.8 units of quantity
  • Spreads
  • Spreads From
    3.6 Points
  • Margins
  • 0 - 1 400
    5.0 %
  • 1 400 - 2 800
    7.5 %
  • 2 800 +
    10.0 %
  • Dealing
  • Spreads
    3.6 Points
  • Guaranteed Order Min Distance
    10.0 Points
  • Margins
  • 0 - 1 400
    5.0 %
  • 1 400 - 2 800
    7.5 %
  • 2 800 +
    10.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
18756.9
Bid
18713.7
Offer
18717.3
Distance
0
Last Updated: 5/20/2024 11:59:59 PM
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What is a benchmark index?

A benchmark index is a group of stocks that is used as a measure of the market as a whole. Most of the major indices you’ve heard of are benchmarks: including the S&P 500 (US 500), Dow Jones (Wall Street) and FTSE 100 (UK 100).

Benchmark indices are useful to traders as a way to compare an individual security against the wider market. For example, say that you’ve found a US stock that has grown 20% over the past four years. You might compare that growth to the S&P 500 to see how it fares against 500 of the biggest US stocks.

If the S&P 500 has grown 40% over the past four years, then your stock has actually underperformed the wider market.

Learn more about indices.

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What's the best way to trade indices?

There are multiple ways to trade indices, including via futures and CFDs. Each has its own benefits and drawbacks, so it’s worth doing your research to decide which works best for you.

Trading index CFDs with City Index, for example, enables you to go long or short on 21 major global indices.

You can use your City Index account to trade CFDs on indices. Open your trading account now.

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What are indices used for?

Indices are used in a variety of ways by traders. They can give an instant idea of how a country’s economy is performing, can provide a useful way of assessing multiple stocks at once and provide lots of powerful trading opportunities.

Indices were created for the purpose of evaluating the performance of a stock market. If an index is rising, it means that the stocks it represents are moving up overall, generally a sign that businesses are doing well and economic health is strong. A falling index, on the other hand, is a signal that stocks are struggling, which may hint at deeper problems within an economy.

Stock indices are still used for this purpose today, but they’re also a popular asset class in their own right. It isn’t hard to see why – they enable you to take your position of the biggest stocks in an economy with a single trade, as well as offering high volatility and liquidity.

Learn more about how indices work.

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