Explainers

... provide relevant topics for you in a multimedia-based format. Here you can find articles, interviews, useful links or infographics as well as podcasts and videos on financial market issues.

DAX – benchmark and barometer for the German economy

DAX, the best known German stock exchange barometer, measures the performance of the 40 largest companies on the German stock market. It represents around 80 percent of the market capitalisation of listed stock corporations in Germany.

The first day on the stock exchange

Most people recognise the image of the CEO of a company ceremonially ringing the stock exchange bell on the trading floor of the Frankfurt Stock Exchange. With the first pricing official trading starts for the company on the stock exchange. But how is this first listing price determined? And what role does the stock exchange play in the process?

Digital issuance with D7

Financial markets are going digital. The emergence of electronic securities and the digitisation of issuance processes are at the forefront of the financial industry’s digital transformation. Both require a new digital generation of financial infrastructure such as Deutsche Börse’s digital post-trade platform D7^®.

Protection in extreme situations

The volatility interruption is one of the most important protective mechanisms in Xetra trading on the Frankfurt Stock Exchange. It ensures that exchange trading runs smoothly even in extreme market conditions. Learn more about how it works, what triggers it and what other protective mechanisms exist along the entire trading process chain.

Derivatives – protection against price and rate fluctuations

Futures, options and the like. What exactly is behind these financial products and why are they traded? Everything you need to know about derivatives is now available in “Deutsche Börse up to date”.

Central Clearing – stability for financial markets

Clearing houses such as Eurex Clearing reduce risk in securities trading. They guarantee that trades will be completed, regardless of whether the buyer cannot pay or the seller cannot deliver the securities. Clearly defined risk management is the key to this.

Market data – how they are generated and used

We live in a data age. But what exactly are market data, how are they created, why are they important and for whom? Discover more on their relevance for the financial market and the economy.

CSDs – reliable recording and safekeeping

Providing efficient and reliable recording and safekeeping of cash and securities: central securities depositories (CSDs) make it possible. Read here how CSDs ensure seamless post-trading.

How about your financial education?

Many people lack economic literacy – especially when it comes to making decisions on old-age provision or financial investments. How can Deutsche Börse support them?