Daily Leverage Certificates (DLC)

Enjoy a lowered minimum commission of S$10 for small DLC online trades

1 Feb 2019 - 31 Mar 2019


New to DLCs but keen to explore?

Start trading DLCs with our reduced minimum commission of S$10 from the usual S$25 for online trades

  1. The rate does not include clearing fees, SGX trading fees and prevailing GST.
  2. This rate does not apply to broker-assisted trades, buy-ins or CPF and SRS trades.
  3. The promotion rate will be enjoyed in the form of a rebate. Customers will still be required to pay upfront the full standard commission rate for trades done. (For standard rates, visit https://portal.iocbc.com/assets/pdf/ospl/ConsolidatedCommissionCharges.pdf). The rebate will be the difference between the actual full commission charged and the applicable promotion rate.
  4. For full terms and conditions, please click here.

What are DLCs?
Daily Leverage Certificates (DLCs) are structured financial products that offer investors fixed leverage of up to 7 times of the daily performance of the underlying asset (e.g. market indices or single stocks). The basic principle is simple – if the underlying asset moves by 1% from its closing price of the previous trading day, the value of a 3x DLC will move by 3%, and that of a 7x DLC will move by 7%.

Source: SGX

Who is eligible?
DLCs are classified under Specified Investment Products (SIPs). To find out if you are eligible to trade SIPs, please click here to view the criteria.

How to start trading?
Simply login to our iOCBC trading portal.

For more information on how DLCs work, please click here to visit Societe Generale's webpage or here for SGX's webpage.
Upon selecting the above links , you will be redirected to third party websites. Click here to view the terms of use.