LEVERAGED PRODUCTS
A form of structured financial instrument issued by banks and traded on the securities market.
Offer investors fixed leverage ranging from 3 to 7 times the daily performance of the underlying index.
Airbag mechanism
If the amount of loss is reached or exceeded by the underlying index, DLCs will be re-set, and subsequent performances will be based on the new observed level.
Limits the investor from losing more than his initial capital.
Tracks the daily performance of the underlying indexes, the day’s closing price will be tomorrow’s opening price. This allows one to compound their gains on a daily basis.
Designed to fulfil short-term trading, primarily on an intra-day basis, while also having a maximum tenure of 3 years.
Why trade this product with CGS International?
01 Flexibility Allow clients to perform both a short and long sell to potentially profit from different market conditions. The DLCs listed on the Singapore Exchange (SGX) track the performances of both Singapore and Hong Kong indexes. |
02 Fixed Leverage with the potential to amplify gains Provides 3 to 7 times the daily performance of the underlying index. For instance, if the Straits Times Index (STI) moves by 1% from its closing price the previous day, the value of the 3x STI DLC will move by 3%, and if it is a 5x STI DLC, the value will move by 5%. |
Allow clients to perform both a short and long sell to potentially profit from different market conditions. The DLCs listed on the Singapore Exchange (SGX) track the performances of both Singapore and Hong Kong indexes.
Provides 3 to 7 times the daily performance of the underlying index. For instance, if the Straits Times Index (STI) moves by 1% from its closing price the previous day, the value of the 3x STI DLC will move by 3%, and if it is a 5x STI DLC, the value will move by 5%.
Available offerings for Daily Leverage Certificates
The Singapore Exchange (SGX) offers DLCs that are listed in Singapore and follows the performance of MSCI Singapore. They are
| Name | Underlying Name |
|---|---|
| DLC SG5xLongMSG200714 | MSCI Singapore Free Index |
| DLC SG5xShortMSG200714 | MSCI Singapore Free Index |
| DLC SG7xLongMSG210114 | MSCI Singapore Free Index |
| DLC SG7xShortMSG210114 | MSCI Singapore Free Index |
The Singapore Exchange (SGX) also offers DLCs that track underlying in other markets such as the performance of Hong Kong Indexes, namely the Hang Seng Index and Hang Seng China Enterprises Index.
| Name | Underlying Name |
|---|---|
| DLC SG3xLongHSI200714 | Hang Seng Index |
| DLC SG3xShortHSI200714 | Hang Seng Index |
| DLC SG5xLongHSI200714 | Hang Seng Index |
| DLC SG5xShortHSI200714 | Hang Seng Index |
| DLC SG3xLongHSC200714 | Hang Seng China Enterprises Index |
| DLC SG3xShortHSC200714 | Hang Seng China Enterprises Index |
| DLC SG5xLongHSC200714 | Hang Seng China Enterprises Index |
| DLC SG5xShortHSC200714 | Hang Seng China Enterprises Index |
| DLC SG7xLongHSI210114 | Hang Seng Index |
| DLC SG7xShortHSI210114 | Hang Seng Index |
| DLC SG7xLongHSC210114 | Hang Seng China Enterprises Index |
| DLC SG7xShortHSC210114 | Hang Seng China Enterprises Index |
Supported platform
Learn More Learn More Learn More
FAQs
Yes, but as the daily performance of the DLC is marked to the previous day’s closing price (yesterday’s closing price is today’s opening price), the product is more suitable for within the day or short-term trading.
There is no minimum margin required.
It requires low capital outlay and loss is limited to the invested amount. There is no implied volatility, time delay or margin calls. For novice investors, it is a good trading option to start out.
Open an account now
1800 538 9889 / (65) 62108453
clientservices.sg@cgsi.com
Download our registration form and mail it to the desired branch with all the enclosures.
Show all Singapore branches
Key Risks