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
2.1 Trading Member Admission Criteria
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

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  • 2.1 Trading Member Admission Criteria

    • 2.1.1

      To be eligible for admission as a Trading Member, an applicant must:

      (a) unless otherwise exempted, hold a Capital Markets Services Licence for the regulated activity in which it will engage as a Trading Member;
      (b) be qualified by a Clearing Member (unless it is admitted as a Clearing Member);
      (c) satisfy the capital and financial requirements that SGX-ST prescribes;
      (d) upon admission appoint and register a Chief Executive Officer with SGX-ST in accordance with Rule 2.6;
      (e) have facilities and staff adequate for expeditious and orderly trading, operations and activities.

      Added on 3 June 2019.

    • 2.1.2

      An applicant that is exempted from holding a Capital Markets Services Licence pursuant to Regulations 2(3) and/or 2(4) of the Securities and Futures (Exemption from Requirement to Hold Capital Markets Services Licence) Regulations may be admitted only as a Remote Trading Member. If SGX-ST is of the view that the regulatory requirements of the Relevant Regulatory Authority of a prospective Remote Trading Member are not comparable to those contemplated under the Securities and Futures Act and/or the Rules, it shall have the discretion to prescribe additional requirements.

      Added on 3 June 2019.