Wealth Management

Investment Products

Stock

Fixed Income

Structured Notes

DR/DRx

DW 42

Mutual Fund

Offshore Trading Investment

TFEX

SSF Block Trade

Investment Advisory

Private Wealth Advisory

Unlock Advanced Investment Opportunities with DW42

Derivative warrants (DWs) are dynamic financial instruments traded on exchanges that allow you to capitalize on the price movements of underlying securities such as stocks or indexes, without the need to buy or sell the actual securities.

DW42, issued by Maybank Securities Thailand, benefits from strong liquidity thanks to its role as an active market maker, ensuring smooth trades and competitive pricing. Supported by the reputable Maybank Group, a leading financial institution in Southeast Asia, DW42 offers the advantages of trading with a trusted issuer, enhancing your investment experience and providing confidence in your trading strategies.

Why Choose DW42?

Gain Leveraged Exposure

DW42 allows you to achieve leveraged exposure to underlying securities, enabling you to potentially amplify returns with a smaller initial investment. This leverage magnifies the effects of price movements on your investment.

Listed on SET with Robust Liquidity

DW42 is actively traded on the Stock Exchange of Thailand (SET) and enjoys robust liquidity, supported by Maybank's role as a dedicated market maker. This strong liquidity ensures smooth transactions and competitive pricing, enhancing your trading experience.

Express Bullish or Bearish Views

DW42 provides the means to express your market outlook effectively. Utilize Call DWs if you expect prices to rise or Put DWs if you anticipate a decline. This functionality aligns your investments with your market predictions and strategic objectives.

Extensive Market Access & Short-Term Opportunities

DW42 covers a wide range of underlying securities, including various stocks and indexes, offering investors diverse investment opportunities. Additionally, with maturities as short as 6 months, DW42 is well-suited for capitalizing on short-term market movements.

Who Should Consider DW42?

Amplified Exposure

Ideal for those seeking high exposure to underlying securities with lower capital, accepting high risk for potentially greater returns with DW42.

Market Trend Followers

Use Call DWs to benefit from bullish markets and Put DWs to profit from bearish markets, aligning with your market predictions.

Short-Term Investors

Suited for those with a short-term focus, typically up to 6 months, looking to seize quick market opportunities with DW42.

Portfolio Diversification

Helps spread risk by providing access to various stocks and indexes through DW42, enhancing portfolio diversification.

Capital Efficiency

Allows control of larger positions with a small investment, maximizing capital use with DW42.

Hedging Strategies

Use Put DWs to protect your portfolio against potential market downturns, adding a layer of risk management.

Navigating DW42

Understanding DW Types

Call DW

A financial instrument that increases in value when the price of the underlying security rises. If you own a Call DW, you benefit if the price of the underlying security exceeds the specified exercise price. This allows investors to potentially profit from an increase in the underlying security’s price, making Call DWs useful for capitalizing on expected upward movements in the market or for leveraging potential gains.

Put DW

A financial instrument that increases in value when the price of the underlying security declines. When you hold a Put DW, you benefit if the price of the underlying security falls below the specified exercise price. This allows investors to potentially profit from a decrease in the underlying security's price, making Put DWs useful for hedging against declines or for speculative strategies based on anticipated downward movements in the market.

Risk Disclosure

Key Risks of DW42 Trading

Leverage Risk. DWs offer leveraged exposure, potentially amplifying gains and losses. A small adverse price movement in the underlying securities can lead to a significant adverse price movement in the DW. However, losses are limited to the invested capital.
Time Decay Risk. The value of DWs decreases daily even if the underlying securities' price remains unchanged, known as time decay. The rate of time decay accelerates as the maturity date approaches. Due to this characteristic, DWs are generally more suitable for short-term trading rather than long-term holding.
Limited Lifespan. DWs have a short lifespan and expire worthless if they do not expire in-the-money. Therefore, investors must carefully assess the time to expiry and the likelihood of the underlying securities reaching the expected price movement before the DW expires.
Market Risk. Factors such as changes in interest rates, foreign exchange rates, tax regimes, laws, regulations and market sentiments could impact the price performance of both the underlying securities and DWs.
Volatility Risk. DW prices are sensitive to changes in the implied volatility of underlying securities. Investors should consider the volatility of the underlying securities when trading DWs.
Trading DW is not the same as direct investment in the underlying securities, as investors are not entitled to any rights associated with the ownership on the underlying securities such as dividends and voting rights.

Begin and Advance with DW42

How to Start Trading DW42

Start your trading journey by opening a securities trading account with Maybank. Sign up now to begin trading DW42 with expert guidance.

Discover More Tools and Insights

Maximize your DW trading potential with our range of specialized resources. Access up-to-date market data, advanced tools, and expert insights that can support and enhance your trading strategies. Visit our DW42 site here to find the tools and information you need to trade with confidence.

FAQs

Important announcement

FAQs

What Is the Minimum Capital Required to Start Trading DW42?

There is no minimum capital requirement for trading DW42. Investors can trade DW42 with any amount of capital, depending on the price of the warrants and the number of units they wish to purchase. This flexibility allows you to invest according to your budget and investment goals.

What Is the Typical Investment Period for DW42?

DW42 are typically short-term financial instruments with maturities ranging from 6 months to a few years. The investment period depends on the specific DW42 you choose and its expiry date. It’s important to review the terms of each DW42 to understand its maturity and plan your investment strategy accordingly.

What Are the Fees Associated with Trading DW42?

Fees for trading DW42 may include brokerage commissions, transaction fees, and possibly other charges depending on your broker’s fee structure. It's important to review the fee schedule provided by Maybank or your broker to understand the costs involved in trading DW42.

Can I Trade DW42 through Any Brokerage Firm?

While you can trade DW42 through various brokerage firms, it’s advisable to use a reputable firm like Maybank, which offers specialized support and resources for DW42 trading. Ensure that your chosen broker provides access to DW42 and suits your trading needs.