Singapore Stock Analysis | Opening Trading Account | Collin Seow
Fastest growing financial product, DLC, now in Singapore!
DLCs or Daily Leveraged Certificates, are the fastest growing financial product in Europe. And Societe Generale has brought the first of its kind to Asia, listing them on the Singapore stock exchange. So let’s get right into this new product and the reasons that it has gained such immense popularity in the investment world. What is a DLC? Daily Leverage Certificate, which are listed on the SGX like a stock and traded just like a stock. DLCs allow you to Long as well as Short without hassle. They are designed to multiply the daily performance of an Underlying Asset by a factor. In this case, 3, 5 or 7 times. This means that if the Underlying Asset increases by 1%, your long position could profit by 3% or 5% or 7% depending on the leverage you chose. Which market