To the Moo wrote a post · Oct 13 22:01

[2024] Trade Soc Gen US Stock DLCs and get up to S$550* worth of prizes!

DLC's promotion is here!

Receive up to S$550* worth of prizes when you trade any SocGen US Stock DLCs with Moomoo SG now!

Promotion Period: 00:00:00 14th October 2024 to 23:59:59 18th December 2024

Note: The time above is Singapore time

Eligibility: Only eligible to Moomoo SG individual clients

Prize 1: For the first 300 users who trade SocGen US Stock DLCs to receive a S$50 cash coupon.

Users refer to users who have not traded US Stock DLCs on moomoo before the promotion period, and will be required to make at least 1 trade on any US Stock DLC issued by Societe Generale (SocGen) of any amount during the promotion period.

Prize 2: Top 7 users based on traded volume in US Stock DLCs to receive S$500 worth of share ^.

– Rank 1: Apple Share

– Rank 2: Microsoft Share

– Rank 3: Nvidia Share

– Rank 4: Alphabet (Google) Share

– Rank 5: Amazon Share

– Rank 6: Meta Share

– Rank 7: Tesla Share

*The top traded prize is determined by the top 7 users who have traded the highest aggregate value of SocGen US Stock DLC during the promotion period. New User Prize and Top Traded Prize rewards are stackable.

^ For the calculation of shares, it will be the based on the day of rewards distribution (valued at SGD 500). Selection of which shares are awarded for each rank is based on market capitalisation of the stocks as of the date of rewards issuance. Each user can only win once during the campaign period.

Special Prize:

– Special prize: Users who comment and repost the campaign page will get 1,000 rewards points

Introduction to US Stock DLCs

Source: Societe Generale

– Firstly, Daily Leverage Certificates (DLCs) are financial instruments issued by a financial institution, usually banks (“Issuer”), and are traded on the SGX Securities market. DLCs track the underlying asset’s daily performance with a fixed leverage factor (up to 7x) for both Long and Short directions.

– Societe Generale was the first issuer to launch the DLCs back in 2017, offering investors exposure to key Asian stock indices. Over the years, the shelf has expanded to cover Singapore and Hong Kong listed single stocks and even the benchmark US equity indices. In its latest expansion in October, they now offer 3x Long and Short DLCs on US Stocks starting with the Magnificent 7 Stocks (Nvidia, Tesla, Apple, Amazon, Meta, Microsoft and Alphabet).

For more information on US Stock DLCs click here.

How do the US Stock DLCs work?

– The US Stock DLCs are designed to provide a fixed leverage of 3 times on the underlying US Stock’s daily performance on a US market close-to-close basis.

◦ If the US index or single stock rises by 2% on a US market close-to-close basis, the respective 3x Long DLC will rise by 6% and 3x Short DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

◦ If the US index or single stock falls by 2% on a US market close-to-close basis, the respective 3x Short DLC will rise by 6% and 3x Long DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

– The basic principle of the daily performance of the US Stock DLCs is as such:

– Investors should note that the US Stock DLCs can only be traded during SGX market hours (9:00AM to 5:00PM) and therefore different from the regular trading hours of the US single stocks listed on the US exchanges.

– During SGX market hours, the market price of the US DLC will be closely linked to the performance of the underlying US Stock traded during SGX market hours. Investors can reference such information from SG DLC website or Moomoo platform which offer the relevant price data of US stock trading during Asian hours.

– Societe Generale, as the Designated Market Maker (DMM), will provide bid and offer quotations on the US Stock DLCs during SGX trading hours so that investors can buy and sell the US DLCs.

For more information on US Stock DLCs click here.

Why trade the US Stock DLCs?

– Flexibility to go Long/Short: The US DLCs allow investors to take on both ‘Long’ and ‘Short’ exposure to key US indices and popular US stocks, enabling you to capitalise on opportunities in both rising and falling markets

– Leverage your potential return: The US Stock DLCs also magnifies your ‘Long’ and ‘Short’ exposure to the daily percentage performance of the US Stocks with a fixed leverage factor of 3 times.

– Asian hour trading of US Stocks: Investors can trade the US DLCs during SGX market hours, offering investors a new trading window to capitalise on any high-impact news (including corporate earnings releases) during Asian hours when US markets are closed.

– Hedge your US stock positions: Investors can trade the Short DLC to hedge their existing US stock position against any short-term price correction and also enjoy the flexibility to trade the US stock DLCs in Singapore Dollar currency.

– Capital Efficiency: Through the US stock DLCs, investor can gain exposure the US stock performance using a fraction of the capital (and therefore incurring lower transaction costs) as compared to purchasing the underlying stock itself.

For more information on US Stock DLCs click here.

How to trade SocGen US Stock DLCs in moomoo?

Select DLCs ticker below to jump to the detailed quotes page for trading.

– Nvdia US Stock DLC (Code: NVDW, NVIW)

– Tesla US Stock DLC (Code: TSYW, TSXW)

– Apple US Stock DLC (Code: MACW, PODW)

– Amazon US Stock DLC (Code: USAW, USBW)

– Meta US Stock DLC (Code: USDW, USFW)

– Microsoft US Stock DLC (Code: USGW, USHW)

– Google US Stock DLC (Code: USJW, USPW)

Step 1: Pick one Societe Generale DLC you want to trade in moomoo, all tradable DLCs can be viewed through Market-SG-DLCs. DLC issued by Societe Generale has SG in the name of DLCs.

Step 2: Fill in the order information.

Step 3: Enter trading password to unlock trade.

Step 4: Place the order (If you are trading DLCs for the first time, you need to finish the knowledge assessment first.)

Step 5: Secondary confirmation(The order is successfully placed after secondary confirmation.)

Frequently asked questions (FAQs)

How do I identify if the DLC listed is issued by Societe Generale?

The full name of a DLC already tells you the issuer. Below examples show how to read a DLC name.

*Do note only Societe Generale US Stock DLCs will be counted for this promotion.

Stock Code DLC name

$TESLA 3xLongSG261006 (TSYW.SG)$

$TESLA 3xShortSG261006 (TSXW.SG)$

$NVDA 3xLongSG261006 (NVIW.SG)$

$NVDA 3xShortSG261006 (NVDW.SG)$

$APPLE 3xLongSG261006 (MACW.SG)$

$APPLE 3xShortSG261006 (PODW.SG)$

$AMZN 3xLongSG261006 (USAW.SG)$

$AMZN 3xShortSG261006 (USBW.SG)$

$META 3xLongSG261006 (USDW.SG)$

$META 3xShortSG261006 (USFW.SG)$

$MSFT 3xLongSG261006 (USGW.SG)$

$MSFT 3xShortSG261006 (USHW.SG)$

$ALPHAB 3xLongSG261006 (USJW.SG)$

$ALPHAB 3xShortSG261006 (USPW.SG)$

How will I know if I won the cash coupon?

– You can check through Me-Coupons on Moomoo APP.

When will I receive my rewards?

– All prizes will be issued after the campaign

– The prize will be rewarded 1 month after the campaign. After transactions are verified, the cash coupon will be credited to your universal account within 10 days.

Where can I learn more about DLCs?

For more information on DLC click here.

*Campaign T&Cs apply.

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more