Deutsche Börse Adds Three New Indices To Its Index Family - New DAXplus® Protective Put Strategy Index - Two New DAXglobal Indices With The Addition Of DAXglobal® Russia And DAXglobal® Alternative Energy

Deutsche Börse launched three new indices, DAXplus® Protective Put, DAXglobal® Russia and DAXglobal® Alternative Energy on Monday, further expanding its existing index offering.

The DAXplus® Protective Put strategy index tracks the so-called "protective put strategy". This traditional hedging strategy involves purchasing a standardized, Eurex-traded put option on the DAX®, so that the index hedges the entire DAX portfolio with a 5 percent "out of the money" put option. This type of combination strategy limits losses to the amount of the put premium, with the aim of hedging a portfolio against price losses, without losing out on possible price gains, an approach that is particularly well suited to more risk-averse investors.

DAXplus® Protective Put is rebalanced quarterly; the new put option must have a residual maturity of three months. DAXplus® Protective Put is the second option strategy index in the DAXplus family after DAXplus® Covered Call.

Deutsche Börse is further expanding its index family for international markets with the launch of the DAXglobal® Russia index. DAXglobal® Russia tracks the performance of the largest and most liquid American Depository Receipts (ADRs) on Russian companies, which are traded on various stock exchanges across the globe. Each ADR must have an average daily trading volume of more than USD 1 million, and their weighting in the index is based on the market capitalization of the individual companies up to a maximum of 10 percent per company. 17 companies currently meet the stringent liquidity and size criteria for the index. As many as 30 companies may be included in the DAXglobal® Russia index, and the index composition is reviewed quarterly.

The DAXglobal® Russia is calculated in EUR, USD and GBP. Its design and methodology make it ideally suited as an underlying for financial products, giving investors liquid and transparent access to the Russian capital market.