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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.
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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.

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