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
Chapter 1 General Matters
Chapter 2 Access and Membership
Chapter 3 Conduct of Members, Approved Traders and Representatives
Chapter 4 Listing and Trading of Contracts
Chapter 5 Physical Delivery
Chapter 6 Dispute Resolution and Arbitration
Chapter 7 Adverse Events, Rule Violations and Disciplinary Action
Chapter 8 Definitions and Interpretation
Chapter 9 Transitional Provisions
Regulatory Notices
Practice Notes
Schedules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
Rule Amendments

  Versions
(2 versions)
 
Up to Mar 14 2013Mar 15 2013 onwards

2.8.6 Clearing Members' Other Obligations to Secure Bypass Privileges

Past version: effective up to Mar 14 2013.
To view other versions open the versions tab on the right.

A Clearing Member shall also satisfy the following obligations in relation to Bypass Privileges:

(a) immediately notify the Exchange if there is any overtrading, as contemplated in Rule 3.4.10}(b), by any Customer granted Bypass Privileges;
(b) cause the Customer seeking Bypass Privileges to enter into a bypass undertaking in such form as prescribed by the Exchange*, unless the Customer is itself a Member; and

* Refer to Annex E — Bypass Undertaking.
(c) appoint or cause the appointment of an external auditor to confirm in writing to the Exchange, at the point of seeking Bypass Privileges and on an annual basis that:
(i) the Customer seeking or granted Bypass Privileges meets the requirements set out in Rule 2.8.2 or 2.8.3(b) as the case may be; and
(ii) the Clearing Member meets the requirements set out in Rules 2.8.4(c), 2.8.5 and 2.8.6(a).