On 30 August 2023, Structured Certificates were listed and available for trading on the Singapore Exchange Securities Trading Limited (“SGX-ST“). Structured Certificates are structured products issued by third party financial institutions (typically investment banks) to meet the specific needs of investors such as yield enhancements and growth payoffs. SGX is the first exchange in Asia to offer trading of Structure Certificates, which are more commonly traded in Europe.
The launch of Structured Certificates on SGX-ST provides a new range of products for investors of Specified Investment Products (SIP) to trade Asian underlying assets on SGX-ST, beyond the existing suite of products like stocks, exchange traded funds (ETFs) and leverage products. Structured Certificates on SGX-ST are not capital protected, and investors bear the risk of the issuer defaulting.
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