7th August 2026 (Friday)
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Market Commentary
Gain Inverse Exposure to SPCX with YF1W

Societe Generale has launched a new SpaceX 3x Short DLC (YF1W) on SGX on 7 August, complementing the existing SpaceX 3x Long DLC (WK4W).

The SpaceX Long and Short DLCs offer investors 3x leveraged and inverse exposure to SpaceX, enabling investors to express their bullish and bearish views during Asian trading hours ahead of the U.S. market open.

SpaceX recently reported their first earnings results on 4 August after US market close, which sent its share price tumbling -13.6%. The move resulted in a close to 41% decline on the SpaceX 3x Long DLC.

Other big movers post earnings included Palantir (+29.5%), and AMD (-7.0%).

Amplifying the move, the Palantir 3x Long DLC rose by about 88%, while the Palantir 3x Short DLC declind by 71.3% and the AMD 3x Short DLC rose about +21%, while the AMD 3x Long DLC declined a similar magnitude.

View the full list of US Stock DLCs here

 

NEW GOLD & SILVER DLCs

New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
YF1W SpaceX 3xShortSG280726 Space Exploration Technologies Corp -3x 07/08/2026
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
(%)
DVSW Venture 5xLongSG260904 +0.265
(+32.92%)
QXCW Venture 5xLongSG280413 +0.195
(+32.77%)
R18W YZJ 5xLongSG280413 +0.145
(+31.52%)
9RWW OCBC 5xLongSG280223 +0.28
(+11.57%)
WK4W SpaceX 3xLongSG280707 +0.28
(+11.43%)
Code Name Bid Change1
(%)
STYW YZJ 5xShortSG280413 -0.195
(-30.95%)
9DAW OCBC 5xShortSG281123 -0.021
(-10.99%)
8I3W SGX 5xShortSG280725 -0.01
(-9.90%)
9X9W DJIA 7xLongSG280616 -0.31
(-8.66%)
USXW MSFT 3xShortSG261204US$ -0.095
(-8.09%)
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 06/08/2026
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Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
TUAW OCBC 5xLongSG261217 +2.28% +0.91
(+11.17%)
9.060 280K
JLFW SGX 5xLongSG280516 +1.81% +0.4
(+10.47%)
4.220 255K
9RWW OCBC 5xLongSG280223 +2.28% +0.28
(+11.57%)
2.700 113K
R18W YZJ 5xLongSG280413 +5.84% +0.145
(+31.52%)
0.605 78K
QXCW Venture 5xLongSG280413 +6.66% +0.195
(+32.77%)
0.790 71K
W9AW UOB 5xLongSG261217 -1.24% -0.015
(-5.66%)
0.250 41K
9B2W HSTECH 7xShortSG270309 +0.26% 0
(0.00%)
0.076 39K
UZMW Sembcorp 5xLongSG270623 0.00% +0.001
(+1.37%)
0.074 22K
FNTW HSTECH 7xShortSG270729 +0.26% 0
(0.00%)
0.220 20K
FVBW DBS 5xShortSG280725 +0.85% -0.001
(-0.54%)
0.185 18K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 06/08/2026 and 07/08/2026 09:27.
Bid Change (%)2: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day .
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This advertisement has not been reviewed by the Monetary Authority of Singapore (“MAS”). This advertisement is distributed in Singapore by MAS licensed representatives of Société Générale, Singapore Branch. If you wish to discuss this advertisement, you should do so with your financial adviser, authorised broker or with MAS licensed representatives of Société Générale, Singapore Branch. This advertisement does not constitute or form part of any offer, or invitation, to subscribe for or to sell, or solicitation of any offer to subscribe for or to purchase, any certificates on indices/equities (the “Certificates” or “Daily Leverage Certificates”), warrants or other securities. Nothing herein should be considered as investment or financial advice or any form of recommendation to purchase or sell the Certificates/Daily Leverage Certificates, warrants or other securities mentioned. Information herein is intended as general information only and does not take into account the specific investment objectives, financial situation and the particular needs of any particular person. The price of Certificates/Daily Leverage Certificates, warrants or other securities and/or the price of the underlying asset may fall in value as rapidly as it may rise and holders may sustain a total loss of their investment. Investments in the Certificates/Daily Leverage Certificates, warrants or other securities carry risks. Any past performance of the Certificates/Daily Leverage Certificates, warrants or other securities, or past performance of an underlying asset, is not indicative of future performance. This document does not constitute a full disclosure of the risks involved. Members of the Société Générale group and/or its connected persons may take proprietary positions and may have long or short positions or other interests in the Certificates/Daily Leverage Certificates, warrants or other securities and may purchase and/or sell the Certificates/Daily Leverage Certificates, warrants/ or other securities at any time in the open market or otherwise, in each case whether as principal, agent or market maker.

The Certificates/Daily Leverage Certificates are for specified investment products (SIP) qualified investors only.

The terms and conditions of any Certificates/Daily Leverage Certificates, warrants or other securities must be read in conjunction with the base listing documents for those Certificates/Daily Leverage Certificates, warrants or other securities and the relevant supplemental listing document. Investors should therefore ensure that they understand the nature of the Certificates/Daily Leverage Certificates, warrants or other securities and carefully study the risk factors set out in the base listing document and the relevant supplemental listing documents and, where necessary, seek professional advice before investors invest in the Certificates/Daily Leverage Certificates, warrants or other securities. Copies of the base listing document, which contains financial and other information relating to the Issuer and any addenda thereto and the relevant supplemental listing documents, which contain details of the Certificates/Daily Leverage Certificates, warrants or other securities, can be obtained from the Allen & Gledhill LLP at One Marina Boulevard #28-00, Singapore 018989. Investors should read these documents in their entirety before agreeing to invest in the Certificates/Daily Leverage Certificates, warrants or other securities. This is a structured product which involves derivatives and investors should not invest without fully understanding and being willing to assume all risks associated with the Certificates/Daily Leverage Certificates, warrants or other securities. Investors should ensure they understand the risks, nature, terms and conditions of the Certificates/Daily Leverage Certificates, warrants or other securities and consult their own legal, financial, tax and professional advisers regarding the suitability and risks before committing to any investment.

Investors risk the loss of part or all of their investment. Investment in the Certificates/Daily Leverage Certificates, warrants or other securities involves significant levels of risks and the Certificates/Daily Leverage Certificates, warrants or other securities should only be purchased by investors who are knowledgeable in investment matters or who have obtained appropriate investment advice.

Société Générale and its affiliates (the “SG Group”) act in different capacities in relation to the issue of the Certificates/Daily Leverage Certificates, warrants or other securities. SG Issuer is the issuer of the Certificates/Daily Leverage Certificates, warrants or other securities (the “Issuer”), Société Générale acts as designated market maker for the Certificates/Daily Leverage Certificates, warrants or other securities. Société Générale, Singapore Branch is also authorized to distribute and market the Certificates/Daily Leverage Certificates, warrants or other securities to its customers. For the avoidance of doubt and as an independent stipulation, investors agree that by purchasing the Certificates/Daily Leverage Certificates, warrants or other securities, the SG Group may provide different services and/or perform different roles in relation to the issuance, offer and/or dealing in the Certificates/Daily Leverage Certificates, warrants or other securities. The investor acknowledges and agrees that the provision of such services or the undertaking of such roles may not always be consistent with the interests of the issuer and/or the investors. The investor agrees that subject to mandatory applicable law which the SG Group cannot derogate from, no implied duties or obligations shall be imposed on SG Group to the investor under the Certificates/Daily Leverage Certificates, warrants or other securities, and in connection with or as a result of the investor’s subscription or purchase of the Certificates/Daily Leverage Certificates, warrants or other securities.

The Issuer or Société Générale may have a position or a material interest in any underlying asset.

The Issuer, Société Générale or any of their affiliates may engage in transactions involving the underlying asset for their own account for business reasons or in connection with hedging of the obligation under this Certificates/Daily Leverage Certificates, warrant or other securities. Conflicts of interest may arise as a result of such transactions within the SG Group and with the interest of investors. The Issuer, Société Générale and their affiliates are not required to consider any investors’ interests in connection with entering into any of the above mentioned transactions.

The Issuer, Société Générale and their affiliates may receive benefits and/or profits as a result of its multiple roles as designated market maker and/or distributor (whether in the nature of a fiduciary, similar or additional duty or relationship or otherwise) and fully consents to the retention of such benefits and/or profits for their own account. Each investor acknowledges and agrees that none of the Issuer, Société Générale and their affiliates is obliged to notify, and is liable to account to, an investor or any other person for (and each investor or such other person shall not be entitled to ask for disclosure of the fact or the amount of, any fees resulting from any of the aforementioned roles, other than is already disclosed in the offering documents for the Certificates/Daily Leverage Certificates, warrants or other securities. Each investor agrees that the investor will have no claim against the Issuer, Société Générale and their affiliates for, and the investor consents to the receipt, acceptance and retention by the Issuer, Société Générale and their affiliates of, such fees arising from any such multiple roles.

Société Générale does not make any warranty, express or implied, as to the accuracy or completeness of the information contained herein. No responsibility or liability is accepted by Société Générale for any inaccuracies, omissions, mistakes or errors of Société Générale in the computation of the cash settlement amount or for any economic or other loss which may be directly or indirectly sustained by any broker or holder of the Certificates/Daily Leverage Certificates, warrants or other securities or any other person dealing with the Certificates/Daily Leverage Certificates, warrants or other securities as a result thereof and no claims, actions or legal proceedings may be brought against Société Générale in connection with the Certificates/Daily Leverage Certificates, warrants or other securities in any manner whatsoever by any broker, holder or other person dealing with the Certificates/Daily Leverage Certificates, warrants or other securities. Any broker, holder or other person dealing with the Certificates/Daily Leverage Certificates, warrants or other securities does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Société Générale. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and Société Générale and must not be construed to have created such relationship.

The Certificates/Daily Leverage Certificates, warrants or other securities are not deposits placed with Société Générale.

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