DAX 30 Spread Betting
Where Can I Spread Bet on the DAX 30? |
Investors are able to spread bet on the DAX 30, and a range of other related markets, with providers such as:
German Stock Market Analysis and Trading News
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| 17-May-13 |
[7:34am] German Shares - Crossing Over their 50 Day Moving Average:- Brenntag (+0.54% to €121.55)
- Rheinmetall AG (+0.76% to €37.67)
German Shares - Crossing Under their 50 Day Moving Average:- Deutsche Boerse (-1.2% to €46.64)
- MAN SE (-0.37% to €85.6)
Update by 
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| 17-May-13 |
[6:35am] The DAX 30 is expected to open 10 points lower at 8,360
Update by Michael Hewson, Senior Market Analyst, 
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| 17-May-13 |
[6:08am] Most European indices are expected to open lower on Friday, following in the footsteps of their US counterparts after the S&P ended the session in the red for the first time this week.
The economic data released in the US on Thursday was very disappointing, which under normal circumstances would have heavily weighed on the rally in the stock markets.
However, this is no normal rally. Once again, the economic data was almost completely ignored and the pull back following the data was seen as a buying opportunity.
We saw perfect examples of this twice following the release of the weekly jobless and the Philly Fed manufacturing index.
Both came in well short of market expectations sparking a sharp sell-off, but within an hour and a half on both occasions, the S&P was trading above the levels seen in the lead up to the releases.
US Fed Spooks Markets by Talking of Phasing out QE3 in the Summer
On this occasion though, the strategy didn’t work too well, as two Fed members spoiled the party by discussing the phasing out of QE, potentially as early as this summer.
Needless to say, the markets didn’t respond positively to this.
I think it’s worth noting here though that neither of the Fed members were voting members of the FOMC, so their opinion doesn’t carry as much weight as Ben Bernanke, or any of the other voting members.
Based on the reaction on Wall Street, that clearly doesn’t matter as both of these clearly have inside knowledge on the matter.
On this occasion, there was no opportunistic buying, and both the S&P and Dow ended the day down 0.5% and 0.28%, respectively.
European Indices Looking Slightly Weaker
Clearly the prospect of Fed phasing out its asset purchases is hitting index prices in the futures market at the moment, with the CAC 40, DAX 30, Spain 35 and Euro Stoxx 50 all expected to open lower.
There’s very little out on Friday with respect to economic data, which is likely to leave the markets without any real direction.
The construction output figure for March may attract some attention when released at 10:00, following two consecutive months on negative figures.
Update by Craig Erlam, Market Analyst, 
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| 17-May-13 |
[5:00am] German DAX Xetra 30 futures are trading 6.0 points up, while French CAC-40 futures are trading 2.2 points higher.
Fitch Ratings has affirmed Deutsche Bank AG's Long-term Issuer Default Rating (IDR) at “A+” with a Stable Outlook.
Air France-KLM CEO, Alexandre de Juniac announced that its regional subsidiary, CityJet, is in the process of being disposed.
Update by Ishaq Siddiqi, Market Analyst, 
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| 17-May-13 |
[4:30am] In the last session, the German DAX 30 closed up 0.1% at 8,369.90.
Update by
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| 17-May-13 |
[4:30am] The following highlights the largest Euro Stoxx risers/fallers during the last trading day.
 Deutsche Telekom closed 2.69% up at €10.04
UniCredit closed 2.34% up at €4.29
L.V.M.H. closed 1.81% up at €140.4
 Vivendi closed -2.67% down at €15.3
Inditex closed -2.56% down at €102.8
SAP closed -1.67% down at €62.98
Update by
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| 16-May-13 |
[7:53am] German Shares - Crossing Under their 50 Day Moving Average:- Fresenius Medical Care (-1.65% to €53.04)
- Hannover Re (-0.5% to €61.45).
Update by
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» For more see Stock Market Trading News & Analysis.
This content is for information purposes only and is not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Unless stated otherwise, the above time is based on when we receive the data (London time). All reasonable efforts have been made to present accurate information. The above is not meant to form an exhaustive guide. Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Where Can I Find Live Spread Betting Prices and Charts for the DAX 30? |
The live CFDs chart and prices below will give you a helpful guide to the DAX 30 index market.
Note, in spread betting and CFD trading, the DAX 30 is sometimes known as the 'Germany 30'.
The above Plus 500 chart is usually based on the DAX 30 futures price (not the spot market).
If you would like to look at live spread betting charts and the current prices for the DAX 30, you'll probably need a spread betting account.
Also, a spreads account lets you access the shorter term daily markets. Users should note that all spreads accounts are subject to credit and status checks.
Should your application be approved then, after logging in, you will be able to see the prices and live charts. These are usually provided for free, however, the catch is that you'll probably receive an occasional sales call or letter from the relevant spread trading company.
If you decide to trade then, before you start, you should note that financial spread betting and CFDs do involve a significant level of risk and can result in you losing more than your initial deposit.
Professional Charting Packages for the DAX 30 |
Though charts can differ from firm to firm, they usually have valuable features such as:
- Different display styles - candle charts and line charts
- An array of time periods - 1 minute, 30 minutes, 1 hour, 2 hours etc.
- Drawing options and tools - Trendlines, Fibonacci Time Zones, Fans and Arcs
Charts from FinancialSpreads.com also come with more advanced features:
- Back Testing, Custom Indicators and Analysis tools
- Useful technical overlays - Ichimoku Clouds, EMA, Wilder's Smoothing etc.
- Over 30 indicator charts - MACD, Relative Volatility, Linear Regression, TRIX, CCI etc.
- Customised email alerts when a market hits a specific price
Sample DAX 30 chart
The following spread betting companies give their users access to real time trading prices/charts:
Advert:
DAX 30 Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the DAX 30 with
Financial Spreads.
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Where Can I Spread Bet on the DAX 30 for Free? |
Investing always includes a degree of risk, but if you would like to try a Test Account (free), where you can try out spread betting and access trading charts, please see below for more details.
When thinking about which investment option is right for you, don't forget that in the UK, spread betting is currently exempt from income tax, capital gains tax and stamp duty*.
If you are looking for a low cost spread betting website then keep in mind that you can spread bet on the DAX 30 with no commissions or brokers' fees with providers such as:
If you want a free Demo Account that allows you to try out online spread betting, including trading markets such as the DAX 30, then take a look at:
Each of the companies listed above currently provide a risk free Demo Account which lets users try out trading theories, practice with an array of trading orders and use charts, including candlestick and bar charts.
How to Spread Bet on the DAX 30? |
As with many markets, you can speculate on indices, such as the DAX 30, to rise or fall.
Looking at a spread trading platform like FinancialSpreads.com, you can see that they are currently showing the DAX 30 Rolling Daily market at 7302.3 - 7303.3. This means an investor can spread bet on the DAX 30 market:
 Going higher than 7303.3, or
 Going lower than 7302.3
When financial spread betting on the DAX 30 index you trade in £x per point. Therefore, if you decided to invest £2 per point and the DAX 30 moves 31.0 points then that would be a difference to your P&L of £62. £2 per point x 31.0 points = £62.
Rolling Daily Index Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore unlike a normal spread betting futures market, there is no settlement date. If you leave your position open at the end of the day, it just rolls over to the next trading session.
If you do roll over a position and you are spread betting that the market will:
Go up - then you'll be charged a small overnight financing fee, or
Go down - then a small payment is usually credited to your account
You can find more on Rolling Daily Markets, as well as a fully worked example, in our feature Rolling Daily Spread Betting.
DAX 30 Rolling Daily - Indices Spread Betting Example |
So, if we think about the above spread of 7302.3 - 7303.3 and make the assumptions:
- You have analysed the stock markets, and
- You think that the DAX 30 index will push higher than 7303.3
Then you may choose to buy a spread bet at 7303.3 for a stake of, for example, £3 per point.
This means that you make a profit of £3 for every point that the DAX 30 index pushes above 7303.3. Having said that, such a bet also means that you will lose £3 for every point that the DAX 30 market goes below 7303.3.
Put another way, if you buy a spread bet then your P&L is worked out by taking the difference between the closing price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.
As a result, if after a few sessions the market rose then you might consider closing your spread bet so that you can secure your profit.
As an example, if the market increased then the spread, set by the spread trading firm, might move up to 7343.1 - 7344.1. To close your position you would sell at 7343.1. So, with the same £3 stake your profit would be calculated as:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = (7343.1 - 7303.3) x £3 per point stake
Profits (or losses) = 39.8 x £3 per point stake
Profits (or losses) = £119.40 profit
Speculating on stock market indices, whether by spread betting or otherwise, is not easy. In this case, you had bet that the index would increase. However, it can also decrease.
If the DAX 30 index decreased, contrary to your expectations, then you might choose to close your position in order to restrict your losses.
If the market dropped to 7269.7 - 7270.7 you would close your trade by selling at 7269.7. If so, this would result in a loss of:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = (7269.7 - 7303.3) x £3 per point stake
Profits (or losses) = -33.6 x £3 per point stake
Profits (or losses) = -£100.80 loss
Note - DAX 30 Rolling Daily spread correct as of 11-Sep-12.
Advert:
DAX 30 Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on the DAX 30 with
Financial Spreads.
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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'DAX 30 Spread Betting' by DB, updated 17-May-13
For related pages also see:
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Stock Market Trading, updated 16-May-13
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Stock Market Index Spread Betting Guides, updated 26-Apr-13
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FTSE 100 Spread Betting, updated 17-May-13
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Dow Jones Spread Betting, updated 17-May-13
Dow Jones spread betting guide with live Dow Jones index prices and charts. Plus a Dow Jones spread betting price comparison, where to spread bet on the Dow Jones commission-free and tax-free* as well as...read article: Dow Jones Spread Betting.
DAX 30 Spread Betting, updated 17-May-13
DAX 30 spread betting guide with live DAX 30 index prices and charts. Plus a DAX 30 spread betting price comparison, where to spread bet on the DAX 30 commission-free and tax-free* as well as...read article: DAX 30 Spread Betting.
S&P 500 Spread Betting, updated 17-May-13
S&P 500 spread betting guide with live S&P 500 index prices and charts. Plus a S&P 500 spread betting price comparison, where to spread bet on the S&P 500 commission-free and tax-free* as well as...read article: S&P 500 Spread Betting.
NASDAQ 100 Spread Betting, updated 17-May-13
NASDAQ 100 spread betting guide with live NASDAQ 100 index prices and charts. Plus a NASDAQ 100 spread betting price comparison, where to spread bet on the NASDAQ 100 commission-free and tax-free* as well as...read article: NASDAQ 100 Spread Betting.
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