10th December 2024 (Tuesday)
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Market Commentary
Nvidia Shares Fall; 3x Short DLCs in Focus

Nvidia shares fell as much as -3.7% to $137.13 on Monday before recovering slightly to close at $138.81, down -2.55% as of New York trading close. Nvidia shares remained up 180% year-to-date as of the Monday close.

The fall last night was triggered by news that China has opened a probe in Nvidia over suspicions that the company broker anti-monopoly laws around a 2020 deal.

Nvidia said in a statement that its "happy to answer any questions regulators may have about our business". (Source: Bloomberg)

As of Singapore time 9.30am, Nvidia shares were trading around $138.11, falling further during Asian hours on the back of the news. 

Investors looking to express their short-term view on Nvidia or any of the Magnificent 7 stocks can consider trading the 3x Long or 3x Short DLCs denominated in SGD and USD currency. 

Visit the US DLC page here for more information on the products features including the risks.

NVIW
NVDA 3xLongSG261006
NVDA 3x Long
Last Price1
6.610 -0.67
(-9.20%)
Last Update: 10/12/2024 09:38
 
NVDW
NVDA 3xShortSG261006
NVDA 3x Short
Last Price1
3.100 +0.27
(+9.54%)
Last Update: 10/12/2024 09:38
Last Price1: The DLC price displayed is based on the 'bid price' instead of the 'traded price'. This is to provide a more accurate representation of the DLC value at each particular point in time and a more accurate reflection of DLC price changes. DLCs do not trade as frequently as shares and sometimes may not record a trade for a long period of time though the bid/offer prices quoted by the Designated Market Maker may continue to move, therefore using the bid price is usually the best indicator of a DLC value.
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MOOMOO US STOCK DLC PROMOTION 

 

LIM & TAN SECURITIES US STOCK DLC PROMOTION 

 

CGS INTERNATIONAL US STOCK DLC PROMOTION 

 

New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
USYW ALPHAB 3xLongSG261204US$ Alphabet Inc 3x 10/12/2024
USZW ALPHAB3xShortSG261204US$ Alphabet Inc -3x 10/12/2024
USQW AMZN 3xLongSG261204US$ Amazon.com Inc 3x 10/12/2024
USRW AMZN 3xShortSG261204US$ Amazon.com Inc -3x 10/12/2024
IPTW APPLE 3xLongSG261204US$ Apple Inc 3x 10/12/2024
IPUW APPLE 3xShortSG261204US$ Apple Inc -3x 10/12/2024
USTW META 3xLongSG261204US$ Meta Platforms Inc 3x 10/12/2024
USUW META 3xShortSG261204US$ Meta Platforms Inc -3x 10/12/2024
USWW MSFT 3xLongSG261204US$ Microsoft Corp 3x 10/12/2024
USXW MSFT 3xShortSG261204US$ Microsoft Corp -3x 10/12/2024
NVTW NVDA 3xLongSG261204US$ NVIDIA Corp 3x 04/12/2024
NVUW NVDA 3xShortSG261204US$ NVIDIA Corp -3x 04/12/2024
TSTW TESLA 3xLongSG261204US$ Tesla Inc 3x 04/12/2024
TSUW TESLA 3xShortSG261204US$ Tesla Inc -3x 04/12/2024
DLCs on this underlying asset is launched for the first time.
  CHECK OUT THE NEWLY LAUNCHED DLCs  
Education
US Stock DLCs: What are the benefits and how does it work?

Click here to watch the video

Top Gainers / Losers
Code Name Bid Change1
(%)
DVWW HKEx 5xLongSG251113 +0.018
(+24.66%)
HLJW NetEase 5xLongSG250924 +0.023
(+24.21%)
DRRW Geely 5xLongSG251113 +0.165
(+23.40%)
OZDW Meituan 5xLongSG251216 +0.43
(+22.87%)
NUGW Meituan 5xLongSG250924 +0.18
(+20.93%)
Code Name Bid Change1
(%)
DCQW HKEx 5xShortSG250205 -0.004
(-28.57%)
52PW NetEase 5xShortSG250320 -0.031
(-25.83%)
96KW Meituan 5xShortSG260513 -0.18
(-20.22%)
ULBW JD 5xShortSG260513 -0.21
(-18.58%)
IXJW Alibaba 5xShortSG250320 -0.007
(-16.28%)
Bid Change (%)1: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day.
Intinsic Closing Value: Last updated on 09/12/2024
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