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Launch of DLCs on NASDAQ-100 Index on Thursday 28 April
By InvestingNote  •  April 28, 2022
Societe Generale is pleased to announce the launch of four Daily Leverage Certificates (DLCs) offering 5X Long and Short exposure to the NASDAQ-100 Index from tomorrow Thursday, 28 April. This builds on the success of S&P 500 DLCs launched earlier in March where over 100 trades totalling close to half a million in value have been transacted in the short time since launch. In the past month (20 trading days), the Short DLCs on S&P 500 have gained around +50% while the Long DLCs have declined around -39% on the back of a -8.75% decline in the S&P 500 index. The launch of DLCs tracking US benchmark indices is a timely offering for investors looking to gain exposure to the U.S. market via an SGX-listed instrument using Singapore Dollars, and have the flexibility to trade both long and short directions of the market. Tabled below is a list of DLCs...
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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