DAX 30 or Deutscher Aktienindex is a German stock index presenting 30 of the largest and most liquid German firms that trade on the Frankfurt Exchange.
Prices are taken from the electronic Xetra trading system, with a near-95% adoption rate for the stocks of the 30 DAX members.
DAX 30 was launched on 30 December, 1987, with a base value of 1000.
DAX member companies represent roughly 75% of the aggregate market cap that trades on the Frankfurt Exchange.
The L-DAX (Late DAX 30) Index is an indicator of the German benchmark DAX 30 Index's performance after the Xetra electronic-trading system closes based on the floor trading at the Frankfurt Stock Exchange.