Societe Generale has introduced a new series of Daily Leverage Certificates (DLCs) on the Singapore Exchange (SGX), marking the first time investors can access leveraged and inverse exposure to gold and silver on the platform. Available from 23 June, these DLCs track the SPDR™ Gold Shares (GLD) and iShares Silver Trust (SLV) ETFs, the largest and most liquid gold and silver ETFs globally.
This launch positions Societe Generale as the sole issuer of Leveraged & Inverse (L&I) Exchange Traded Products (ETPs) in Singapore that provide directional exposure to both gold and silver. The current market volatility offers investors opportunities to take positions in both rising and falling markets.
Marcus Ng from Societe Generale highlighted the growing investor interest in gold and silver, particularly under volatile conditions. “These listings bring leveraged and inverse exposure to both metals onto SGX for the first time, expanding the range of exchange-traded instruments available to Singapore investors,” he stated.
Soh Yee Fei, Head of Products and Intermediaries at SGX Group, noted the significance of this launch in diversifying SGX’s product ecosystem. “As our investor base becomes more sophisticated, we are seeing increasing demand for a broader and more innovative suite of products,” he said.
The introduction of these DLCs follows the successful launch of US Stock DLCs and aligns with Societe Generale’s strategy to expand investor access to global markets. With over 200 leveraged and inverse products now listed on SGX, the bank continues to cater to the rising demand for diverse investment options.
