NCTW | Nasdaq 7xShortSG260324

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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 FFIW
Last Update:
NCTW    NDX

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
NCTW -6.48% -24.68% -25.33% -84.98% -89.48%
Last Update: 08/08/2025
SGD
0.018
0 (0.00%)
Bid
0.018
Ask
0.019
  • Open
    0.018
  • High
    0.018
  • Intrinsic Close
    0.018
  • Low
    0.017
  • Traded Value
    276
  • Volume
    15K
Last Update: 11/08/2025 23:40  |  15 mins delayed
Underlying Reference Close
  • NDX
  • 23,635.23
    +23.96 (+0.10%)
Prev. Day Close
23,611.27
Air Bag Trigger Level
25,998.75
+0.10%
+8%
+10%
Last Update: 11/08/2025 (Eastern Standard Time)

Product Terms

  • Code
    NCTW
  • Type
    Daily Short
  • ISIN
    LU2517558842
  • Guarantor
    SG
  • Underlying Asset
    Nasdaq-100 Stock Index (NDX)
  • Leverage Factor
    -7x
  • Issuer
    SG Issuer
  • Issued Qty
    52,500,000
  • Listing Date
    26/03/2024
  • DLC Trading Currency
    SGD
  • Last Trading Date
    16/03/2026
  • Underlying Currency
    USD
  • Expiry Date
    24/03/2026
  • Air Bag Trigger Level
    10%
  • Gap Premium
    5.8% p.a.
  • Management Fee
    0.4% p.a.

Trading Data

  • Sensitivity
    189.972
  • % Spread
    5.26%
  • Outstanding Qty / (%)
    15,854,200 (30.20%)
  • Outstanding Change
    +25,400

Overnight Cost

  • Daily Cost / (%)
    0.000009 (0.05%)

Legal Documents

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DLC Flyer Cover v20250102


Introduction to 

Daily
Leverage
Certificates (DLC)