In the course of a reform of the selection indices, a public market survey on extended quality criteria for the selection of companies will be conducted until November 4.
5 October 2020. FRANKFURT (Börse Frankfurt). Qontigo’s global index provider STOXX Ltd. has launched a market consultation as part of a reform of the DAX Selection Indices. The objective is to introduce extended qualification criteria for index membership in the DAX Selection Indices (DAX, MDAX, SDAX and TecDAX), and to align them with international index standards. High capital market relevance and objectivity must be maintained; at the same time, transparency and predictability must be further strengthened.
Important aspects on which market participants can comment
Extended qualification criteria:
Alignment with international standards:
Transparency and predictability:
In addition, the market opinion is collected with regards to what the optimal number of constituents for DAX, MDAX and SDAX should be (30/60/70 or 40/50/70).
The consultation is open to all market participants until November 4, 2020, 20.00 CET. Market consultations are mandatory for fundamental rule changes, as defined in the rulebook for the DAX Selection Indices (Section 10.3 Material Changes with Consultation).
5 October 2020, © Deutsche Börse AG