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 E — Other Business Activities
Rule Amendments

19.9.1

A Trading Member must establish and maintain adequate internal control systems to:—

(1) set credit limits or position limits;
(2) monitor positions to manage market and credit risks, and comply with notification requirements on monitoring thresholds as prescribed by SGX-ST;
(3) compute and collect margins, including conducting daily valuation of customers' positions and collateral;
(4) monitor margin calls;
(5) manage customers' accounts that are in margin deficit;
(6) manage customers' accounts that may fail to meet settlement obligations;
(7) define and manage sources of liquidity to ensure that there are sufficient liquidity facilities to meet increased settlement obligations;
(8) limit the impact of significant market movements through the use of tools such as cash flow projections, stress testing or credit limits; and
(9) meet such other requirements as SGX-ST may prescribe from time to time.