BioCentury
ARTICLE | Finance

The new German indexes

February 17, 2003 8:00 AM UTC

The Deutsche Börse in Frankfurt last week disclosed the composition of its new TecDAX index, which will be introduced on March 24 as the new blue chip index for the technology sectors, including biotech.

Last week's announcement comes as the Deutsche Börse revamps its equity indices based on its novel index model, which divides the market into two new segments called "prime standard" and "general standard." The segments differ in terms of their transparency criteria and aim to increase the level of disclosure required of companies. ...