DVNW | Sembcorp 5xShortSG250709

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This DLC is going to expire on 09/07/2025. If you hold a DLC until expiry, the DLC will be settled at its fair intrinsic value determined on Valuation Date, which is usually one business day before Expiry Date. Please note the Last Trading Date of this DLC is 02/07/2025. You will not be able to trade this DLC after Last Trading Date. Expiry settlement will be made no later than 5 business days after Expiry Date. Societe Generale does not charge any expiry processing fee. You may refer to the Termsheet and Supplementary Listing Document for the exact dates and other details. For expiry settlement illustration please refer to here for more detail.

If you want to continue to express the same view on this Underlying Asset, you may consider X7GW
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 X7GW
Last Update:
DVNW    SCIL.SI

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
DVNW -3.20% -18.30% -40.38% -74.51% -70.48%
Last Update: 17/04/2025
SGD
N/A
0 (0.00%)
Bid
-
Ask
-
  • Open
    0.015
  • High
    0.019
  • Intrinsic Close
    0.018
  • Low
    0.015
  • Traded Value
    8K
  • Volume
    400K
Last Update:
Underlying Price
Prev. Day Close
6.310
Air Bag Trigger Level
7.256
+0.63%
+12%
+15%
Last Update: 18/04/2025 18:00

Product Terms

  • Code
    DVNW
  • Type
    Daily Short
  • ISIN
    LU2375062192
  • Guarantor
    SG
  • Underlying Asset
    Sembcorp Industries (SCIL.SI)
  • Leverage Factor
    -5x
  • Issuer
    SG Issuer
  • Issued Qty
    22,300,000
  • Listing Date
    11/07/2023
  • DLC Trading Currency
    SGD
  • Last Trading Date
    02/07/2025
  • Underlying Currency
    SGD
  • Expiry Date
    09/07/2025
  • Air Bag Trigger Level
    15%

Trading Data

  • Sensitivity
    0.068
  • % Spread
    0.00%
  • Outstanding Qty / (%)
    693,400 (3.11%)
  • Outstanding Change
    +400,000

Costs and Fees

  • Daily Cost / (%)
    -0.000006 (0.00%)
  • Management Fee
    0.4% per annum
  • Gap Premium
    6.5% per annum

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