CZNW | Nasdaq 7xShortSG260401

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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 NCTW
Last Update:
CZNW    NDX

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
CZNW -3.56% -25.55% +11.85% -40.14% -5.73%
Last Update: 25/03/2025
SGD
0.017
-0.001 (-5.56%)
Bid
0.017
Ask
0.018
  • Open
    0.018
  • High
    0.018
  • Intrinsic Close
    0.017
  • Low
    0.015
  • Traded Value
    360
  • Volume
    20K
Last Update: 26/03/2025 21:58  |  15 mins delayed
Underlying Reference Close
  • NDX
  • 20,240.17
    -47.66 (-0.23%)
Prev. Day Close
20,287.83
Air Bag Trigger Level
22,264.18
-0.23%
+8%
+10%
Last Update: 26/03/2025 (Eastern Standard Time)

Product Terms

  • Code
    CZNW
  • Type
    Daily Short
  • ISIN
    LU2375053100
  • Guarantor
    SG
  • Underlying Asset
    Nasdaq-100 Stock Index (NDX)
  • Leverage Factor
    -7x
  • Issuer
    SG Issuer
  • Issued Qty
    10,000,000
  • Listing Date
    04/04/2023
  • DLC Trading Currency
    SGD
  • Last Trading Date
    25/03/2026
  • Underlying Currency
    USD
  • Expiry Date
    01/04/2026
  • Air Bag Trigger Level
    10%

Trading Data

  • Sensitivity
    170.462
  • % Spread
    5.56%
  • Outstanding Qty / (%)
    2,949,400 (29.49%)
  • Outstanding Change
    -

Costs and Fees

  • Daily Cost / (%)
    0.000009 (0.05%)
  • Management Fee
    0.4% per annum
  • Gap Premium
    5.8% per annum

Legal Documents

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Introduction to 

Daily
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