Hong Kong stock underlyings remained popular for both types of leveraged products listed in Singapore. Tesla-linked daily leverage certificates (DLCs) shined in Q4 2024.
Structured warrants listed on the Singapore Exchange (SGX) wrapped up the fourth quarter of 2024 with total trading turnover reaching SG$1.1 billion (US$815m), up nearly 42% year-on-year (YoY) and 38% from the previous quarter, data from the exchange shows. Volatility from China’s stimulus and US elections boosted trading in Hong Kong and US underlyings On a full-year basis, total turnover of structured warrants rose by 20% YoY to around SG$4 billion, or SG$15.9m daily average, taking