You can either choose to buy long or short and hold it like a stock counter with 5 times daily leverage without using margin of an underlying stocks such as DBS or 7 times daily leverage index like HSI.
However it resets the leverage daily but will be compound subsequently, and it has an expiry date.
This investment is only suitable for short term trade usually within 1 or 2 intraday and you must be SIP qualified.
Refer to below video for more detailed explanations.