Dual Investment is a non-principal protected structured saving product with enhanced yield, involving two different currencies. Upon subscription, you select the underlying asset, the deposit currency, subscription amount, and settlement date. Your return will be denominated in the deposit currency or alternate currency, depending on the below conditions.

There are two types of Dual Investment product: (1) Sell High and (2) Buy Low.

In simple terms, this means that if the Fixing Price is above (up) the Target Price, the product is “exercised”.

In simple terms, this means that if the Fixing Price is below (down) the Target Price, the product is “exercised”.

For both types of Dual Investment products, you will receive the returns in deposit currency if the product is not exercised. You will receive the returns in alternate currency if the product is exercised.

Each subscribed product has a settlement date. We will take the current price at 08:00 (UTC) on the settlement date as the fixing price.

Sell High:

(Subscription Amount * Target Price) * [1 + (APR% * Deposit Days / 365)]

Buy Low:

(Subscription Amount / Target Price) * [1 + (APR% * Deposit Days / 365)]

Subscription Amount * [1 + (APR% * Deposit Days / 365)]

The target price is fixed and will not change. Occasionally, we may stop accepting new subscriptions temporarily if a product has a target price too close to the reference current price.

APR is always changing and this is majorly dependent on the target price, remaining deposit days, and also price volatility. Once you have subscribed to a Dual Investment product, the APR will be locked in throughout your deposit days and will not change thereon.

Please go to [Orders] > [Earn History] > [Dual Investment]. Here, you can view your current subscription and redemption items.

Each subscribed product has a settlement date. We will take the average of the current price in the last 30 minutes before 16:00 (UTC+8) on settlement date as fixing price. Your return will be transferred to your spot account within 48 hours from 16:00 (UTC+8). Dual Investment products cannot be redeemed early. You can only receive the returns after the settlement date, but not earlier.

Unfortunately, you cannot cancel your subscription once you have subscribed. Please read through the product terms carefully before subscribing.

Target Price

A set price at which deposit currency will be converted into alternate currency if the product is exercised.

Underlying Asset

An asset on which a Dual Investment product is based. For instance, if you are making reference to BTC current price and BTC target price, then the underlying asset is BTC.

Deposit Currency

The currency you have used to subscribe to a Dual Investment product.

Alternate Currency

The currency you will be receiving if the product is exercised.

Deposit Days

A number of days remaining until the settlement date.

Fixing Price

Average of the current price in the last 30 minutes before 08:00 (UTC) on the settlement date. Fixing price and target price determines whether a product is exercised or not.

For example, the below table summarizes the part list of products we currently have in Dual Investment.