You’ve probably noticed that for indices we use names that are different than the real ones. For example, the famous German DAX index is called Germany 30 and the AEX is called NL 25. That’s not because these indices are not real.
The “DAX” name, for example, is a trademark. In order to use this trademark, BUX needs to pay a substantial sum of money each year. In order to keep trading with the BUX app affordable, we’ve decided to use different names so we don’t have to pay for the use of the trademark – keeping the cost of trading super low: it’s as simple as that!
Below you can see the Official and BUX names of the indices:
|CAC 40||France 40|
|IBEX 35||Spain 35|
|FTSE 100||UK 100|
|Standard & Poors 500||US 500|
|Nasdaq||US Tech 100|
|Dow Jones||Wall Street 30 |
|Hang Seng||Hong Kong 50|
|FTSE China 50||China A 50|
OMX Stockholm 30 Index
|Euro Stoxx 50||EU 50|
|FTSE Switzerland||Swiss Index|
Got questions about this? Shout out at BUX Support!