NCTW | Nasdaq 7xShortSG260324

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The outstanding shares of this DLC is currently at 97.791%. In the case where the Designated Market Maker (DMM) has sold all the issued positions, DMM will not be able to provide an offer quote. On the bid side both the price and quantity will not be affected by the sell-out. Please refer to here for more detail.

If you want to express the same view on this Underlying Asset using a DLC with less outstanding shares, you may consider FFIW
Last Update:
NCTW    NDX

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
NCTW -1.10% +6.61% -68.20% -78.22% -75.14%
Last Update: 22/05/2025
SGD
0.041
0 (0.00%)
Bid
0.041
Ask
0.042
  • Open
    0.041
  • High
    0.042
  • Intrinsic Close
    0.042
  • Low
    0.041
  • Traded Value
    3K
  • Volume
    59K
Last Update: 24/05/2025 06:00  |  15 mins delayed
Underlying Reference Close
  • NDX
  • 20,915.65
    -196.82 (-0.93%)
Prev. Day Close
21,112.47
Air Bag Trigger Level
23,007.22
-0.93%
+8%
+10%
Last Update: 23/05/2025 (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
    12,500,000
  • 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%

Trading Data

  • Sensitivity
    72.467
  • % Spread
    2.38%
  • Outstanding Qty / (%)
    12,223,900 (97.79%)
  • Outstanding Change
    +99,000

Costs and Fees

  • Daily Cost / (%)
    0.000022 (0.05%)
  • Management Fee
    0.4% per annum
  • Gap Premium
    5.8% per annum

Legal Documents

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Product Education - Daily Leverage Certificates

DLC Flyer Cover v20250102


Introduction to 

Daily
Leverage
Certificates (DLC)