STOXX Ltd., Qontigo's leading provider of innovative, tradable and global index concepts, has decided to conduct a market consultation on the headline DAX® Selection indices (DAX®, MDAX®, SDAX® and TecDAX®). Indices that derive their composition from them will be indirectly affected by the same changes. The objective is to introduce more selective index membership measures, align them with international index standards, while maintaining the transparency, predictability and objectivity of a rules-based framework.
We value your opinion on the topics of index rules simplification, number of constituents in the indices, introduction of quality criteria and introduction of financial health criteria.
The market consultation may or may not lead to changes of the current index rules.
We invite all stakeholders and interested third parties to submit responses via this dedicated webpage. Responses submitted via any other channels will not be considered.
We intend to publish the results of the market consultation, as well as an announcement about potential changes to the index methodology, before November 23, 2020, 22:00 CET. The consultation is open to all market participants from October 5, 2020, until November 4, 2020, 20:00 CET.
After the consultation, we will make the stakeholders’ feedback received in the consultation and the summary response to those comments available.
In case the consultation leads to an amendment of the index rules, we intend to start introducing the changes effective from March 2021 review. The timetable for the implementation will be communicated depending on the final decision taken.
The personal contact information provided in the next sections will only be used in case it is deemed necessary to contact the respondent with regards to the responses to the market consultation.
For more information about your privacy and data protection, please refer to STOXX Privacy Notice.
The current Market Consultation proposes to modify the headline DAX Selection indices (DAX, MDAX, SDAX and TecDAX) and indices that derive their composition from them by acting along three dimensions (supporting material for this section can be found here):
1. Qualification Criteria
2. Selection and Weighting Criteria
If you have additional comments, please feel free to address them to [email protected].
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