Rulebooks: Contents

Mainboard Rules
Catalist Rules
SGX-ST Rules
Chapter 1 General
Chapter 2 Admission and Registration of Trading Members, Chief Executive Officers and Trading Representatives
Chapter 3 Capital and Financial Requirements
Chapter 4 Operational Requirements
Chapter 5 Trading Practices and Conduct
Chapter 6 Designated Market-Makers
Chapter 7 Listing and Quotation
Chapter 8 Trading
Chapter 9 Settlement
Chapter 10 Requirements on Specific Securities and Futures Contracts
Chapter 11 Cancellation of Contracts and Trades
Chapter 12 Supervision and Enforcement
Chapter 13 Definitions and Interpretation
Regulatory Notices
Practice Notes
Schedule A
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
Rule Amendments

(1 version)
Jun 3 2019 onwards


Where a Trading Member collects margins from a customer in connection with trades executed on SGX-ST, regardless of whether such margin is required to under the Rules, the following shall apply:

(a) subject to Rule 10.9.5, nothing in the Rules prohibits the Trading Member from imposing margin requirements, haircut rates or discounts, payment periods for customers to deposit collateral, and valuations of positions and collateral, and from making calls for additional margins, as it sees fit; and
(b) where a customer fails to meet a margin call, the Trading Member shall have the discretion to take such action as it may deem appropriate, without giving notice to the customer, to reduce its exposures to the customer. Such actions may include liquidating all or any part of the customer's collateral deposited with the Trading Member, or taking action to liquidate or offset all or any part of the customer's positions. SGX-ST may also order such Trading Member to immediately take such action to offset all or such part of the positions of the customer to rectify the deficiency.

Added on 3 June 2019.