Societe Generale launches market-first US Stock Daily Leverage Certificates on the Singapore Exchange

The new products will be listed for trading on the SGX Securities market (SGX-ST) from Friday, 4 October onwards. By trading the DLCs¹, Singapore investors² will be able to gain exposure to the underlying US stock’s daily performance with a leverage of three-times the daily return for both long and short directions to capitalise on opportunities in both rising and falling markets. 

Marcus Ng, Vice President of Cross Asset Listed Distribution at Societe Generale said: “With the AI boom and strong bull run in the US stock market over the past two years, we’ve seen investors increasingly focused on the US market, especially on the Magnificent Seven stocks.  The introduction of these US Stock DLCs in the market presents a unique proposition which capitalises on this trend, enabling investors to capture new trading opportunities on US stocks during Asian hours, and enjoy the flexibility to trade both directions of the market.”

The US Stock DLCs will be available for trading during SGX-ST market hours from 9am to 5pm, enabling investors to react swiftly to overnight market-moving developments ahead of US markets opening. Investors will also benefit from the added convenience of trading the US Stock DLCs in Singapore Dollar currency through their regular stock brokerage account.

Russell Wang, Head of Securitised Products, Equities, SGX Group, said: “Asian investors are keen to access the US market during local trading hours to capture trends and opportunities as they unfold. In response, we’re introducing two additional products that meet this new demand, enabling Asian investors to tap into the US market. These instruments provide greater flexibility and allow investors to stay aligned with US market movements while managing their portfolios in their local time zone.”

2024 marks the 7^th year of Societe Generale’s DLC offering for the Singapore market, growing from an initial batch of 10 DLCs to over 200 DLCs as of September 2024 and over S$17 billion traded since inception. The range of underlying assets have expanded over the years to cover key Hong Kong and Singapore indices, Hong Kong and Singapore single stocks and key US equity indices such as the Nasdaq-100, S&P 500, and Dow Jones indices. The introduction of the US Stock DLCs is a testament to Societe Generale’s continued commitment and strong partnership with SGX towards growing the listed Structured Products market in Singapore.

For more information on the US Stock Daily Leverage Certificates, please visit https://dlc.socgen.com/en/usdlc.
 

<sub>1. A DLC is an exchange traded financial product that offers fixed daily leveraged exposure to an underlying asset, such as an index or a stock. Investors can trade long or short DLCs to capitalise on short-term market up or down moves.
2. DLCs are designated as specified investment products (SIP). Investors should possess either a high level of investment knowledge or experience before transacting in the certificates.</sub>