Stock

Deutsche Börse will soon be launching a new Dax 2.0 index without a cap on individual stock weightings. The move has been prompted by the huge run-up in the share price, and hence the weighting, of SAP.

With the decision to increase the cap limit to 15%, Deutsche Börse is responding to Linde's withdrawal from the Dax. Unlike last year, there is now predominantly support from market participants.

Since Brexit, the cities of Amsterdam and Paris have become home to major off-exchange platforms Turquoise, Aquis, and CBOE Europe. The liquidity concentrated there enhances the attractiveness of these locations in comparison to Frankfurt, especially for new issuers.

Initially, the Telekom shareholders are unlikely to receive much from the financial windfall from the USA, as Deutsche Telekom needs the funds for investments in the domestic market.