The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange . The index is calculated by Deutsche Börse .
3-500: 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 . 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
6-585: The General Standard , which is regulated by law. The Prime Standard includes quarterly reporting as well as ad hoc disclosure in German and English, application of international accounting standards ( IFRS / IAS or US-GAAP ), publication of a financial calendar and staging of at least one analyst conference per year. Companies must satisfy the requirements of the Prime Standard to be listed in
9-604: Was increased from 30 to 40, while the number of constituents in the MDAX was reduced from 60 to 50. The following 50 companies make up the index as of the quarterly review effective on January 15, 2023. ^Note 1 : Source: de:MDAX . Prime Standard The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of
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