Four times in the year it comes at the stock exchanges to the Hexensabbat so mentioned. The correct expression is large law day.

On these days Eurex the following Terminkontrakte run out at the futures exchange, i.e. they purge:

• the Future on the DAX
• Options on the DAX
• Options on shares

The Hexensabbat falls world-wide at all important stock exchanges on the same day. Thus also contracts purge on other indices, international shares, raw materials, currencies etc.

Professional market participants try this day, who "manipulate" courses by skillful security purchases and sales in such a way that they make profit with their Terminkontrakten. Therefore it comes on such days usually to high Handelsvolumenund strongly varying courses of the securities.

Dates

The Hexensabbat always finds at the 3. Friday of the 3. Monthly of one quarter instead of: 2004: 19.3. 18,6. 17.9. 17.12.2005: 18.3. 17,6. 16.9. 16.12.2006: 17.3. 16,6. 15.9. 15.12.2007: 16.3. 15,6. 21.9. 21.12.2008: 21.3. 20,6. 19.9. 19.12.2009: 20.3. 19,6. 18.9. 18.12.2010: 19.3. 18,6. 17.9. 17.12.2011: 18.3. 17,6. 16.9. 16.12.2012: 16.3. 15,6. 21.9. this day on a holiday, then applies the next commercial day.

The small law day faces the large law day, which falls on third Friday each monthly and/or with holidays on the following commercial day. On this day some series of date products run out.

Related links

• www.netzeitung.de
• www.n-tv.de
• www.manager-magazin.de
• www.performclub.de over Hexensabbat

Articles in category "Hexensabbat (stock exchange)"

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