The traded value of daily leverage certificates (DLCs) on the Singapore Exchange (SGX) dropped 20% to SG$204m in February month-on-month (MoM), going back to the level seen in December 2020.

That figure was a 24% decrease year-on-year (YoY). Approximately 90.2% of the values were traded on stock underlyings while the remaining was on index underlyings. The 5x Long Xiaomi DLC remained the most actively traded stock DLC. In the meantime, the total traded volumes fell by 24.5% to SG$951m MoM. As of February-end, there were 171 DLC listed on the SGX, higher than the 162 DLCs a month ago, following the debut of DLCs tracking the Hang Seng Tech Index (HS Tech) on 19 February. Twenty of t