Videos
  • What is Intrinsic Close?

    305 Views

    Intrinsic Close is the value computed using the valuation formula of the Certificates stated on the relevant Supplemental Listing Documents at market close. It is the closing value of a DLC published by SG, which SG calculates for reference purpose only based on the valuation formula of the product as stated on the relevant Supplemental Listing Documents. This value serves as a better reference to calculate the daily percentage performance of a DLC compared to using the previous closing price of a DLC, as the previous closing price of a DLC, which is the last traded price of the DLC the previous day, may not correspond to the closing price of the Underlying Asset.