Boerse Stuttgart, Europes exchange for leverage and investment products, offers investors the Euwax Sentiment index, which tracks private investor behaviour according to scientifically supported data.
The Euwax Sentiment index is based on near-market orders placed by retail investors for warrants and knockout products on the DAX. This focus on DAX-linked leverage products ensures a particularly strong correlation with the overall market.
Boerse Stuttgarts new index concept is based on a long-time scientific partnership with Karlsruhe Institute of Technology, under the direction of Professor Christof Weinhardt, Head of the Institute of Information Management and Systems.
Boerse Stuttgart is the market leader in leverage products, accounting for more than two thirds of the exchange-traded volume, so it is ideally suited to track the overall sentiment of retail investors. Thus, private investors obtain a key orientation tool for their trading decisions, says Christoph Lammersdorf, managing director and CEO of Boerse Stuttgart Holding GmbH.
Only near-market orders are included in the calculation of the private investor index. This ensures that the index in fact reflects the most up-to-date market evaluations of private investors, explains Christof Weinhardt.
L.D.