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  What Is the DAX Stock Index? The DAX—also referred to as the Deutscher Aktien Index—is a stock market index that represents 30 of the most important and most liquid German companies that trade on the Frankfurt Exchange. the costs want to calculate the DAX Index come through Xetra, an electronic trading system. A free-float methodology is employed to calculate the index weightings alongside a measure of the typical trading volume. The DAX was created in 1988 with a base index value of 1,000. DAX member companies represent roughly 75% of the mixture market capitalization that trades on the Frankfurt Exchange.   KEY TAKEAWAYS The DAX may be a German blue-chip stock exchange index that tracks the performance of the 30 largest companies trading on the Frankfurt stock market. Xetra is an electronic trading system that gives the costs want to calculate the DAX index. The DAX may be a prominent benchmark for German and European stocks, listing major companies by liquidity...