Tiger Brokers, a leading investment platform in Singapore, offers a variety of investment products, including Daily Leverage Certificates (DLCs). DLCs are structured financial instruments that allow investors to gain leveraged exposure to the daily performance of underlying assets. This blog will take a closer look at the key trading information for DLCs available on Tiger Brokers, including the types of DLCs, the exchanges where they are listed, and the underlying assets you can trade.
Trading Information for DLCs on Tiger Brokers
Tiger Brokers provides easy access to DLCs on the Singapore Exchange (SGX). Here’s a breakdown of the key information you should know when trading DLCs on the platform:
(1) Exchange: Singapore Exchange (SGX)
The primary exchange where DLCs are traded is the Singapore Exchange (SGX). SGX is one of the leading exchanges in Asia and offers a diverse range of securities, including stocks, indices, and leveraged products like DLCs. Trading on SGX allows investors to access a variety of market instruments, and DLCs are available on both Singapore and Hong Kong listed assets.
(2) DLC Types: Long & Short DLCs
When trading DLCs on Tiger Brokers, you will encounter two primary types of DLCs:
Long DLCs: These are designed to offer leveraged exposure to upward price movements of the underlying asset. For example, if the price of a stock or index rises, a long DLC will move in the same direction, amplified by the leverage ratio (e.g., 3x, 5x, 7x).
Short DLCs: In contrast, short DLCs provide leveraged exposure to downward price movements of the underlying asset. If the price of the asset declines, the short DLC will rise, again amplified by the leverage ratio. This makes short DLCs useful for traders looking to profit from falling markets.
Both long and short DLCs offer flexibility for traders to take advantage of various market conditions, whether they expect upward or downward movements.
(3) Underlying Assets: Single Stocks and Market Indices in Singapore and Hong Kong Markets
One of the key features of DLCs is the range of underlying assets that you can trade. On Tiger Brokers, DLCs are available on the following types of assets:
Single Stocks: You can trade DLCs based on individual stocks listed on the Singapore Exchange (SGX) as well as those listed on the Hong Kong Stock Exchange (HKEX). These include some of the largest companies in Asia, such as Tencent, Alibaba, DBS, and OCBC.
Market Indices: DLCs are also available on popular market indices in both the Singapore and Hong Kong markets, allowing you to gain exposure to the overall market performance rather than individual stocks. For example, you can trade DLCs based on indices like the Straits Times Index (STI) or the Hang Seng Index (HSI).
By providing access to both individual stocks and market indices in two key Asian markets, Tiger Brokers offers a wide variety of options for those looking to trade DLCs.
Why Trade DLCs on Tiger Brokers?
Tiger Brokers makes it easy for investors in Singapore to access DLCs and leverage their trading strategies. The platform provides:
Access to Both Long and Short DLCs: With Tiger Brokers, you can trade both long and short DLCs, giving you the flexibility to profit from both rising and falling markets.
Range of Underlying Assets: Whether you’re interested in single stocks or market indices, Tiger Brokers offers a broad selection of DLCs based on assets from the SGX and HKEX.
Competitive Fees: Tiger Brokers offers competitive trading fees to trade DLCs for both short-term and long-term strategies.
User-Friendly Platform: With the Tiger Trade app, available on both desktop and mobile, you can directly access and manage your DLC trades, monitor market movements, and place orders with ease.
Conclusion
Trading Daily Leverage Certificates (DLCs) on Tiger Brokers allows you to gain leveraged exposure to a wide range of underlying assets in both the Singapore and Hong Kong markets. With access to both long and short DLCs, and the ability to trade on some of the largest Asian stocks and market indices, Tiger Brokers provides investors with a versatile platform for leveraging daily market movements. If you’re looking to trade DLCs and leverage the power of market volatility, Tiger Brokers offers a robust and cost-effective solution.
