DLC Asia Limited is an investment holding company principally engaged in the provision of derivatives brokerage services in Hong Kong. Its derivatives brokerage business involves matching, executing and settling derivatives trade orders for customers. Trade orders involved both listed derivatives products and non-listed derivatives products. For listed derivatives products, the trade orders were either executed on the Hong Kong Exchanges and Clearing Limited (HKEx) or the Singapore exchange (SGX). For non-listed derivatives products, the trade orders were all executed over-the-counter (OTC). Major trade combinations include calendar spread, risk reversal, synthetic futures, straddle and others. Additionally, its customers are professional investors including investment banks, market makers and funds.