Deutsche Börse launches new ShortDAX and LevDAX indices
Deutsche Börse has expanded its DAXplus strategy index offering with the launch of four new ShortDAX and LevDAX indices.
The ShortDAX x9 and ShortDAx x10 indices and LevDAX x9 and x10 indices meet the needs of market participants who are seeking access to leveraged investments in the DAX when prices rise or fall.
Similar to the existing ShortDAX indices, the new ShortDAX x9 and ShortDAX x10 indices allow investors to participate in the performance of falling share prices, with the performance of each index being inverse to DAX performance, reflected by its leverage factor x.
All indices prevent total loss by adjusting the leverage factor ad hoc if the index loses more than 50% at a set time on any day.