Daily Leverage Certificates (DLCs) are exchange-traded financial products that enable investors to take a leveraged exposure to an underlying asset, such as an equity index or a single stock (you may refer the full lists of DLCs here). On each trading day, the DLCs would replicate the performance of the underlying asset versus its previous day closing level with a fixed leverage factor of up to 7x.

In case you have not realized, DLC is essentially a leverage product, designed for short term trading, which will allow investors to build and magnify the exposure of their positions in key Asian indices and individual stocks such as DBS, Tencent, BYD, etc. There are both Daily Long and Daily Short DLCs which allow investors to trade both directions of the market.

However, unlike most leverage products out there in the market, the one thing that stands out for DLCs is that they are listed on the cash market of SGX