Deutsche Börse is expanding its offering in the area of short indices with the launch of the ShortTecDAX, which is offered to investors as a hedge against falling prices.
The daily performance of ShortTecDAX is directly opposed to that of TecDAX, i.e. if TecDAX rises by 5 per cent ShortTecDAX falls by 5 per cent, and vice versa.
TecDAX comprises the 30 largest companies from the technology sector below DAX according to market capitalisation and stock exchange turnover.
