With the VDAX-NEW® volatility index and maturity-linked sub-indices, Deutsche Börse is tapping into the volatility asset class for the first time and making it tradable for investors.

The VDAX-NEW® DAX® volatility index charts the expected fluctuation range of the DAX® – i.e. its implied volatility. The VDAX-NEW® shows, in percentage points, what volatility can be expected for the DAX® in the next 30 days. The calculation of this index is based on DAX® options contracts trading both at, and out of the money. The VDAX-NEW® will replace the VDAX in the medium term.