DivDAX® products start as of 14 April / Five new equity options on MDAX® stocks launched as of 25 March
26 Mar 2008
International
derivatives exchange Eurex will expand its product range in the area of
equity index derivatives with futures and options on the DivDAX index.
The new product will be available from 14 April 2008. In offering the
additional index product, Eurex continues to expand its German index
derivatives product range, currently consisting of DAX®, MDAX® and
TecDAX® futures and options.
The DivDAX® index comprises 15 DAX constituents with the highest dividend yield. The index was introduced by Deutsche Börse in March 2005. The composition of DivDAX is reviewed once a year in September, based on the latest paid dividends. Components are capped at 10 percent. The index is weighted according to market capitalization. DivDAX returns have outperformed those of DAX in each of the last eight years. ... more »
The DivDAX® index comprises 15 DAX constituents with the highest dividend yield. The index was introduced by Deutsche Börse in March 2005. The composition of DivDAX is reviewed once a year in September, based on the latest paid dividends. Components are capped at 10 percent. The index is weighted according to market capitalization. DivDAX returns have outperformed those of DAX in each of the last eight years. ... more »
