Deutsche Boerse expels Wirecard from Germany's blue-chip index DAX

Exchange operator Deutsche Boersewill remove Wirecard , the payments company that folded after an accounting scandal, from the DAX index of Germany's leading blue-chip stocks this month following an index rule change.The exchange operator on Wednesday said it had opted for new rules - which were proposed last month - to allow for a quick DAX removal in the case of an insolvency.