Home News Markets

SGX offers more daily leverage certificates with UBS as new issuer

Felicia Tan
Felicia Tan2/15/2022 8:33 AM GMT+08  • 2 min read
SGX offers more daily leverage certificates with UBS as new issuer
The DLCs will commence trading today.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Singapore Exchange (SGX) has, on Feb 15, welcomed UBS as its new daily leverage certificates (DLC) issuer.

The DLCs will commence trading on the same day. They comprise 10 long and short DLCs that offer a fixed leverage of up to seven times the daily performance of Tencent, Alibaba, Meituan, BYD and the Hang Seng Index. All five underlying stocks and indices are among the top 10 most traded DLCs on SGX in 2021, says the exchange.

The exchange was the first venue in Asia to offer DLCs, having launched the offering in July 2017.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now