Daily Leverage Certificates
DLC Hotline: (65) 6226 2828
The Daily Leverage Certificates (DLC) are listed on the Singapore Stock Exchange and traded like a share through a stockbroker. This section will guide you through the trading process.
Trades can be placed during the Singapore Stock Exchange market hours which are between 09.00 and 17.00 (Singapore time).
Societe Generale acts as the market maker for the DLC issued by SG Issuer, which means that they provide a price for each product (a bid/offer spread) on the SGX Order Book.
A dedicated service is offered to professional investors in order to trade and create new products in demand. Please contact us at [email protected]. Societe Generale has no facility to trade directly with retail investors.
Your stockbroker will charge a brokerage fee for trading DLC in the same way as when you buy or sell a share.
The difference between the buy price (Ask) and sell price (Bid) of a DLC is known as the Bid/Ask spread. The wider the spread, the greater the costs of selling back your DLC before it expires.
The leverage and hedging costs and fees will only apply when the Daily Leverage Certificates are held overnight. Costs and fees are transparent and can be computed with published data using the formula. The specific costs and fees for each product can be found on this website or the relevant listing documents.
Prior to any investment, you should make your own appraisal of the risks from a financial, legal and tax perspective, without relying exclusively on the information provided by us, both on this website and in the terms and conditions for the products. We recommend that retail investors consult their own independent professional advisers before making an investment decision.
The DLC on this website are issued by SG Issuer, a member of the Societe Generale group of companies. Any failure by SG Issuer as issuer, or by Societe Generale as guarantor, to make payments due under the product may result in the loss of all of your investment.