The MDAX is a stock index which lists German companies trading on the
Frankfurt Stock Exchange
The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time).
Organisation
Located in Frankfurt, ...
. The index is calculated by .
It includes the 50
Prime Standard shares that rank in size immediately below the companies included in the
DAX index. The company size is calculated based on a combination of
order book volume and
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by ...
. The index is based on prices generated in the electronic trading system
Xetra.
In 2021, in response to the
Wirecard scandal, the number of constituents in the
DAX was increased from 30 to 40, while the number of constituents in the MDAX was reduced from 60 to 50.
Companies
The following 50 companies make up the index as of the quarterly review effective on January 15, 2023.
See also
*
DAX
*
SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called 'Small cap company, small caps' rank directly below the MDAX (mid-cap) shar ...
*
TecDAX
*
ÖkoDAX
References
{{reflist
External links
MDAX
German stock market indices