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.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre