Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
SGX-ST Rules
Section C — Market Structure
Rule Amendments

  Versions
(3 versions)
 

8.6.12

SGX-ST may consider the following factors when deciding whether to cancel an error trade under Rules 8.6.13, 8.6.13A and 8.6.13B:

(1) the difference between the price at which the error trade was done and the preceding traded price of the security or futures contract;
(2) the market liquidity in the security or futures contract at the time the error trade occurred;
(3) where the trade involves a futures contract, the trading behaviour of the underlying security;
(4) the monetary loss involved if the trade is or is not cancelled;

(5) the difference between the time the erroneous order was entered and the time it was matched;
(6) the number of counterparty customers involved;
(7) whether the force key was used when entering the erroneous order into the Trading System;
(7A) the impact on the settlement process;
(7B) in the case of bonds, the rating, interest rate, coupon rate, maturity date and yield curve;
(8) the reason(s) given for the error; and
(9) any other factors which SGX-ST considers relevant.

Amended on 24 February 2014 and 8 October 2018.