Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
Definitions and Interpretation
Section A — General
Section B — Market Participants
Section C — Market Structure
Section D — Regulatory Framework
Section E — Other Business Activities
Section F — Transitional Provisions
Directives
Directive No. 6 — Additional Obligations in respect of American Depository Receipts
Practice Notes
Schedules
CDP Clearing Rules
DVP Rules
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Rule Amendments

  Versions
(1 version)
 
Oct 11 2013 onwards

Directive No. 6 — Additional Obligations in respect of American Depository Receipts

Issue Date Cross Reference Enquiries

Added on 22 October 2010 and amended on 11 October 2013.

1 A Trading Member must disclose the risks pertaining to trading in American Depository Receipts ("ADRs") quoted on GlobalQuote in media which the Trading Member may produce in relation to ADRs for its customers. These media include, but are not limited to:—
(1) investor education programs in relation to ADRs organised by the Trading Member (including seminars, talks, classes, etc.);
(2) website(s) in relation to ADRs created or maintained by the Trading Member; and
(3) marketing material(s) in relation to ADRs produced by the Trading Member (including brochures, pamphlets, flyers, etc.).
2 To facilitate Trading Members' compliance with this Directive, the Exchange will provide Trading Members with a list of risk factors pertaining to trading in ADRs.
3 In the Directive:—
(1) "American Depository Receipt" or "ADR" means a U.S. security that represents ownership of shares in an organisation; and
(2) "GlobalQuote" means a quotation board operated by SGX-ST.