SGX and Societe Generale have recently launched a new suite of Daily Leverage Certificates (DLCs) on blue chip stocks with 5 times leverage.
We’ve prepared a full infographic here as well to help you understand how it really works:
With these DLCs, investors can go long or short on some of the more popular SGX and HKEx listed stocks such as DBS and Tencent.
Another good news, some of the local brokers are currently running DLC promotions (by alphabetical order):
- DBS Vickers: 15% commission rebate for online and DLC trades. Learn more
- Maybank Kim Eng: S$20 worth of shopping vouchers for your first DLC Trade. Learn more
- OCBC Securities: Minimum commission lowered to S$10 for DLC online trades. Learn more
- UOB Kay Hian: Execute 3 DLC buy orders to receive S$50 Takashimaya vouchers. Commission for DLC trades lowered to 0.18% (min S$10). Learn more
Also, take a minute to watch this quick video here: