MDAX (EMDX)
The contract is traded on the Eurex futures market.
Summary Contract Specifications
- Unit of trading : 5
- Contract size : EUR 5 x the level of the MDAX-index
- Delivery months : March, June, September and December
- Quotation : In points (each full point = EUR 5 per contract)
- Minimum price movement : 1 point (= EUR 5 per contract)
Trading example
- The MDax-index at 7.500.
- The value of the MDAX-future is 7.500 x 5 € = 37.500 €.
- Buy at 7.500 and sell at 7.520
- The minimum price movement or 'tick' is 1 point.
- The tickvalue or 1 point is 5 €
When the MDAX-index goes from 7.500 to 7.520 or 20 points, a profit of 100 € is realized.
