SGX launches structured certificates; first product linked to Hong-Kong listed Alibaba
SINGAPORE Exchange (SGX) is launching structured certificates, becoming the first exchange in Asia to list and offer the trading of such products.
Available to Specified Investment Products (SIP)-certified retail investors, these products are part of SGX’s bid to offer a wider range of instruments for investors of various profiles and needs.
These products are third party-issued financial instruments that offer benefits such as yield enhancements and growth payoffs. Returns are largely dependent on the performance of the underlying asset they are linked to, which can be a single stock or an equity index.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wall Street bulls say stock rally can resume even without rate cuts
Yen tumbles to 34-year low; US dollar gains after inflation data
Fed repricing gives rise to new equities playbook in Asia
Dasin Retail Trust’s creditor to repossess director’s properties over loan default
Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not
Tech rally propels emerging stocks to best week since July