What Happened?
The Singapore market has garnered renewed investor interest recently, with the benchmark Straits Times Index (STI) reaching record highs. However, as we enter the earnings season, I have received some questions on how traders can tap on opportunities with the volatility in share prices. For example, we have seen fairly sizeable moves in the share prices of several Singapore blue chip stocks such as SIA and Keppel after their results announcements. In this article, I will share more about Daily Leverage Certificates (DLCs) and how they can be used as an instrument for traders looking to position for the earnings season.
What Are Daily Leverage Certificates (DLCs)?
DLCs offer you with leveraged exposure to the daily performance of an underlying stock or index, it also allows you to long or short the stock or index. They are listed on SGX, typically with predefined leverage factors like 3x, 5x, 7x. This…
