DAX Futures specifications
Eurex Deutschland (Eurex), equity index
- Tick
- €251 per tick
- One point
- €25per contract
- Initial margin
- €47,184.50exchange, as of 27 Oct 2026
- Front contract
- FDAXZ26roll by 11 Dec 2026
Specs checked as of How we source this
Contract terms
| Symbol | FDAX |
|---|---|
| Exchange | Eurex Deutschland (Eurex) |
| Contract unit | €25 × DAX Index |
| Price quotation | index points |
| Tick size | 1 |
| Tick value | €25 per contract |
| Value of one point | €25 per contract |
| Currency | EUR |
| Contract months | Mar (H), Jun (M), Sep (U), Dec (Z) |
| Settlement | Cash-settled |
| Trading hours | Continuous trading 01:10–22:00 CET/CEST Monday–Friday. On the last trading day the expiring contract stops at 13:00. Hours in your time zone |
| Expiry | Last trade: 3rd Friday of the contract month (13:00 CET), or the exchange day before if a holiday. Cash settled. Next expiries |
| Exchange specification | https://www.eurex.com/ex-en/markets/idx/dax/DAX-Futures-139902 |
What these terms mean
The DAX Futures futures contract (FDAX) is listed on Eurex Deutschland. One contract represents €25 × DAX Index, and prices are quoted in index points. The minimum price movement, or tick, is 1, worth €25 per contract. A move of one full point is therefore worth €25 per contract, and every profit, loss and margin figure for FDAX scales from those two numbers.
FDAX is listed for these contract months: Mar (H), Jun (M), Sep (U), Dec (Z). FDAX is cash-settled: positions still open at expiry are closed against a final settlement price, with no delivery of anything. The rollover page lists the next expiries and the dates that matter for each.
The values on this page come from the exchange's own contract specification and were last checked on 27 Oct 2026. Exchanges amend contract terms from time to time, most often trading hours and tick sizes. Where a value here disagrees with the exchange, the exchange is right; the methodology page explains how each field is checked, and any field we have not confirmed against the exchange is marked on this page.
Related contracts
- Euro-Bund Futures (FGBL): tick value €10
Compare
- ES vs FDAX: E-mini S&P 500 and DAX Futures
- FDAX vs Z: DAX Futures and FTSE 100 Index Future
Sources
- https://www.eurex.com/ex-en/markets/idx/dax/DAX-Futures-139902: all contract terms; read from exchange page 2026-10-27
Questions
- What is the tick size of FDAX?
- The minimum price movement of DAX Futures futures is 1, worth €25 per contract.
- How much is one point of FDAX worth?
- One full point is worth €25 per contract.
- Is FDAX cash-settled or physically delivered?
- FDAX is cash-settled.