Structured warrants and ETFs listed at the Singapore Exchange (SGX) experienced a decrease of traded value while daily leverage certificates (DLCs) gained some traction in September.

The total traded value of structured warrants in September was down 13% to SG$296m (US$218m) compared with August, or down 44% year-on-year, according to the SGX.  By asset class, 93.3% of the value came from warrants linked to foreign indices while 3.7% was from local stocks, 2.6% from foreign stocks and 0.4% from local indices in September. The Hang Seng Index remained the dominant underlying, and was tied to all the top 10 most traded warrants by value. The product, HSI25600MBeCW201029