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 D — Regulatory Framework
Chapter 12 — Operational Requirements
Rule Amendments

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  • 12.6 Contract Notes

    • 12.6.1

      A Trading Member must send its customer a contract note for the purchase or sale of securities or futures contracts.

      Refer to Practice Note 12.6.1.

      Amended on 3 April 2008, 19 May 2014, 1 July 2016 and 8 October 2018.

    • 12.6.2

      The contract note must state that the contract is subject to the Rules and Directives of SGX-ST if the trade is:—

      (1) transacted on or through the Trading System; or
      (2) reported to SGX-ST.

      Amended on 3 April 2008.

    • 12.6.3

      In the case of a Trading Member that holds a Capital Markets Services Licence<:

      (1) A contract note must:
      (a) be sent by the next market day;
      (b) contain the information specified in Regulation 42(1B) of the Securities and Futures (Licensing and Conduct of Business) Regulations; and
      (c) show separately, where applicable:
      (i) brokerage charged by the Trading Member;
      (ii) [deleted];
      (iii) stamp duty;
      (iv) Goods and Services Tax;
      (v) any other fees in addition to the brokerage charged by the Trading Member; and
      (vi) any other fees charged by any other party (including CDP and/or SGX-ST) and borne by the customer in addition to the brokerage charged,
      unless otherwise prescribed by SGX-ST from time to time,
      (2) before issuing contract notes in electronic form, the Trading Member must obtain the customer's prior revocable and informed consent. The Trading Member must retain evidence of the customer's consent. To constitute an informed consent, a customer must be told of the manner of delivery and retrieval of the electronic record and any costs that may be incurred.

      Amended on 23 January 2009, 19 May 2014, 29 December 2014 and 1 July 2016.

    • 12.6.4

      In the case of a Trading Member that holds a licence specified in Rule 4.1.1(1)(b), a contract note must comply with such requirements as may be prescribed by the Relevant Regulatory Authority, including requirements relating to a customer's contract note in electronic form. The Trading Member shall immediately notify SGX-ST on any changes to such requirements. Notwithstanding the foregoing, SGX-ST shall have the discretion to prescribe additional requirements.

      Amended on 19 May 2014.

    • 12.6.5

      [Rule has been deleted.]

      Deleted on 19 May 2014.

    • 12.6.6

      [Rule has been deleted.]

      Deleted on 19 May 2014.

    • 12.6.5

      If asked by SGX-ST, a Trading Member must produce the contract notes in substantially the same form and containing the same trading information as were given to customers.

      Amended on 19 May 2014.