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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| 24-May-13 |
[2:07pm] European stocks erase the small gains seen on the open with the Euro Stocks 600 heading for the biggest two day drop in 10 months.
A German business climate survey this morning suggested the outlook for Europe’s largest economy may be improving. The gauge came out at 105.7, beating the 104.6 estimate. The euro immediately rose to a session high of $1.2987.
Update by Lee Mumford, Trader, 
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| 24-May-13 |
[9:53am] After the drama of yesterday’s sell-off, markets have started on a much quieter note this morning, ticking sideways as traders weigh up whether the move represents the first phase of a much deeper correction still to come.
Much stronger than expected measures on the German IFO business survey at 09:00 weren’t enough to inspire a return to ‘buy the dip mode’ which suggests bulls may already be treading more cautiously.
Update by Matt Basi, Head of Sales Trading, 
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| 24-May-13 |
[7:45am] German Shares - Crossing Under their 50 Day Moving Average:- Brenntag (-2.28% to €122.1)
- Fuchs Petrolub (-1.17% to €63.44)
- Bilfinger Berger (-1.28% to €78)
- MAN SE (-0.25% to €85.32)
- Rhoen Klinikum (-2.34% to €16.29)
- SAP (-2.19% to €60.64)
- Siemens (-1.22% to €81.29)
- Symrise (-3.86% to €31.02)
Update by 
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| 24-May-13 |
[6:33am] In terms of economic data, the focus will be on Germany this morning, starting with the release of the first revision of the Q1 GDP figure.
This is expected to be unchanged, with the eurozone’s strongest economy narrowly avoiding recession with 0.1% growth.
At the same time, we have the release of the Gfk consumer confidence survey, which is expected to remain at 6.2, following a gradual increase since the start of the year.
This will be followed later on this morning by the release of the Ifo business climate figure for May, which is expected to show a slight improvement on last month, although companies are clearly still very uncertain about the outlook for this year.
Finally we’ll hear from Bundesbank head Jens Weidmann, who is also thought of as the most hawkish member of the ECB board.
Today, people will be looking for another clear hint over whether we’ll see more rate cuts at the meeting next month.
Ahead of the open we expect to see the FTSE down 4 points, the CAC up 12 points and the DAX up 18 points.
Update by Craig Erlam, Market Analyst, 
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| 24-May-13 |
[5:00am] German DAX Xetra 30 futures are trading 4.5 points down, while French CAC-40 futures are trading 3.5 points higher.
Deutsche Bank's shareholders have approved the new remuneration model for the Management board.
BASF Total Petrochemicals LLC has finished a revamp of its steam cracker in Port Arthur (Texas), enabling the 1-million-tonne/year facility to process ethane.
Update by Ishaq Siddiqi, Market Analyst, 
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| 24-May-13 |
[4:30am] In the last session, the German DAX 30 closed down -2.1% at 8,352.00.
Update by
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| 24-May-13 |
[4:30am] The following highlights the largest Euro Stoxx risers/fallers during the last trading day.
 Carrefour closed -5.10% down at €23.17
ING Groep closed -4.80% down at €6.97
Intesa Sanpaolo closed -4.31% down at €1.4
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 24-May-13
For related pages also see:
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S&P 500 Spread Betting, updated 24-May-13
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NASDAQ 100 Spread Betting, updated 24-May-13
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