Late indices

Indicators for the price development on the trading floor of FWB® Frankfurter Wertpapierbörse (Frankfurt Stock Exchange) between 5.30pm and 8.00pm.

As of 3 November 2003, Deutsche Börse is calculating additional late indices in a minute cycle between 5.30pm and 8.00pm in order to provide investors with indicators for the price development of German benchmark indices.

In their composition the late indices correspond to the “original” indices DAX® , MDAX® , SDAX® , TecDAX® and NEMAX® 50. However, they are based only on the prices achieved on the trading floor of the Frankfurt Stock Exchange.

Under the names L-DAX® , L-MDAX® , L-SDAX® , L-TecDAX® and L-NEMAX® 50 the late indices serve merely as indicators and not as underlying for any derivative products such as certificates, warrants, funds etc.

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