Germany’s DAX set for 40 members from 30 in huge shake-up
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<a href="https://admiralmarkets.com/analytics/traders-blog/germany-dax-shake-up"><img data-resize="auto" data-resize="auto" data-resize="auto" style="width:auto;" data-src="https://fxmedia.s3.amazonaws.com/articles/Germanys_DAX_set_for_40_companies.jpg" alt="Germany's DAX set for 40 members from 30 in huge shake-up" rel=""></a>
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One of the world's most widely watched stock market indices is set to undergo its biggest transformation since its founding in 1988. Germany's blue-chip stock market DAX index is due to expand and include 40 companies instead of its current 30 companies, in a statement released by exchange operator Deutsche Boerse.
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The expansion, which has been led by Deutsche Boerse's Chief Executive Theodor Weimer, faced opposition from some investors but some say it will help the index to become bigger and stricter. After the recent departure of payment company Wirecard, who filed for bankruptcy only two years after its promotion to the index, a makeover was deemed essential by industry insiders.
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The new rules will require companies to post quarterly statements, audited annual results, staffed audit committees and more. Even current members must now immediately provide information that they have been profitable for two years to remain in the benchmark index.
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Changes are expected to take place during the third quarter of 2021. Did you know that you can speculate on the direction of the <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/_dax30_" target="_blank">DAX</a> stock market index using Contracts for Difference (<a href="https://admiralmarkets.com/education/articles/cfd" target="_blank">CFDs</a>)? This allows you to potentially profit from both rising and falling markets. Get started with a <a href="https://admiralmarkets.com/start-trading/forex-demo" target="_blank">free demo trading account</a> today!
</p><h2>How to trade the DAX index with Admiral Markets UK Ltd</h2><p>
If you are feeling bullish or bearish on the share price of the DAX index you can speculate on the direction using CFDs. To get started, follow these five simple steps:
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<li>Log in to your existing Admiral Markets trading account, or open a <a href="https://admiralmarkets.com/signup" target="_blank">live</a> or <a href="https://admiralmarkets.com/start-trading/forex-demo" target="_blank">demo trading account</a> in just a few minutes. </li>
<li>Click Trade on your chosen account which will direct you to the Admiral Markets MetaTrader Web Platform. </li>
<li>Type in DAX and choose your instrument at the bottom of the Market Watch search box and then drag the symbol onto the chart. </li>
<li>Use the one-click trading feature on the chart or right-click on select Trading -> New Order. </li>
<li>Choose your entry, stop loss and target levels and position size (volume) and then confirm the trade.</li>
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<em><img data-resize="auto" src="https://fxmedia.s3.amazonaws.com/articles/DAX30,_Weekly.png" rel="" alt="DAX30, Weekly" /></em>
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<em>Source: Admiral Markets MetaTrader 5 Web, DAX30, Weekly – Data range: Jun 15, 2014, to Nov 24, 2020, performed on Nov 24, 2020, at 8:07 am GMT. Please note: Past performance is not a reliable indicator of future results.</em>
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Did you know that you can open a free demo trading account to test your trading ideas and theories regarding the price direction of thousands of markets in a virtual trading environment? Open your free account today by clicking on the banner below and receive free access to Premium Analytic tools and more!
</p><a href="https://admiralmarkets.com/start-trading/forex-demo"><img data-resize="auto" src="https://fxmedia.s3.amazonaws.com/articles/Demo_Account_CTA-17.png" alt="Trade With A FREE Demo Trading Account" rel="" /><p><br></p></a><p><em><strong data-redactor-tag="strong">INFORMATION ABOUT ANALYTICAL MATERIALS:</strong></em></p><p><em>The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter "Analysis") published on the website of Admiral Markets. Before making any investment decisions please pay close attention to the following:</em></p><p><em>1.This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.</em></p><p><em>2.Any investment decision is made by each client alone whereas Admiral Markets UK Ltd (Admiral Markets) shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.</em></p><p><em>3.With a view to protecting the interests of our clients and the objectivity of the Analysis, Admiral Markets has established relevant internal procedures for prevention and management of conflicts of interest.</em></p><p><em>4.The Analysis is prepared by an independent analyst Jitan Solanki, Freelance Contributor (hereinafter "Author") based on personal estimations.</em></p><p><em>5.Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admiral Markets does not guarantee the accuracy or completeness of any information contained within the Analysis.</em></p><p><em>6.Any kind of past or modelled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admiral Markets for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.</em></p><p><em>7.Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the <a href="https://admiralmarkets.com/risk-disclosure" target="_blank">risks involved</a>.</em></p>
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