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
Chapter 3 Capital and Financial Requirements
Chapter 4 Operational Requirements
4.38 Soft Dollar Commissions
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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  • 4.38 Soft Dollar Commissions

    • 4.38.1

      A Trading Member and its Trading Representatives may receive goods and services from a broker for directing business to the broker if:

      (a) the goods and services can reasonably be expected to assist in the provision of services to the customer;
      (b) records of the goods and services received are maintained; and
      (c) there are appropriate internal controls and procedures for such arrangements.

      Refer to Practice Note 4.38.

      Added on 3 June 2019.

    • 4.38.2

      A Trading Member may pay for goods and services to customers for directing business to the Trading Member if:

      (a) records of such payments are maintained;
      (b) there are procedures to control such arrangements; and
      (c) the arrangements do not violate any law, regulation or professional code of ethics on the part of the recipients.

      Refer to Practice Note 4.38.

      Added on 3 June 2019.