56QW | Alibaba 5xShortSG260513

  • Buy
    Select your broker
  • Sell
    Select your broker
  • Refresh
This DLC is at a low value. As the value of a DLC gets smaller, the minimum bid/ask spread will become larger in percentage, which increases the trading costs for investors. In the case where the theoretical bid is below SGD 0.001, the issuer will not be able to provide both bid and offer. Please refer to here for more detail.

If you want to express the same view on this Underlying Asset using a DLC at a higher price which provides the same theoretical percentage movement with better sensitivity, you may consider Z7MW
Last Update:
56QW    9988.HK

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
56QW -1.12% -45.69% -23.47% -99.25% -99.24%
Last Update: 16/07/2025
SGD
0.018
-0.001 (-5.26%)
Bid
0.018
Ask
0.019
  • Open
    0.016
  • High
    0.018
  • Intrinsic Close
    0.018
  • Low
    0.015
  • Traded Value
    33K
  • Volume
    1.9M
Last Update:
Underlying Price
Prev. Day Close
113.50
Air Bag Trigger Level
130.52
+0.26%
+12%
+15%
Last Update: 16/07/2025 16:01

Product Terms

  • Code
    56QW
  • Type
    Daily Short
  • ISIN
    LU2517563339
  • Guarantor
    SG
  • Underlying Asset
    Alibaba (9988.HK)
  • Leverage Factor
    -5x
  • Issuer
    SG Issuer
  • Issued Qty
    46,700,000
  • Listing Date
    22/10/2024
  • DLC Trading Currency
    SGD
  • Last Trading Date
    06/05/2026
  • Underlying Currency
    HKD
  • Expiry Date
    13/05/2026
  • Air Bag Trigger Level
    15%
  • Gap Premium
    12.8% p.a.
  • Management Fee
    0.4% p.a.

Trading Data

  • Sensitivity
    1.258
  • % Spread
    5.26%
  • Outstanding Qty / (%)
    3,384,000 (7.25%)
  • Outstanding Change
    +408,000

Overnight Cost

  • Daily Cost / (%)
    -0.000017 (-0.10%)

Legal Documents

Daily Leverage Certificates

US Stock DLCs: What are the benefits and how does it work?

Product Education - Daily Leverage Certificates

DLC Flyer Cover v20250102


Introduction to 

Daily
Leverage
Certificates (DLC)