Rulebooks: Contents

Rulebooks
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
Chapter 5 Trading Practices and Conduct
Chapter 6 Designated Market-Makers
Chapter 7 Listing and Quotation
Chapter 8 Trading
8.16 Emergency Powers
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
Directives
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
Archive
Rule Amendments

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  • 8.16 Emergency Powers

    • 8.16.1

      Where SGX-ST deems it necessary or desirable for ensuring a fair and orderly market or for ensuring a safe and efficient clearing facility, or for ensuring the integrity of the market or for proper management of systemic risk in the market, SGX-ST may, in relation to one or more Trading Members:

      (a) require that a portion of the positions in respect of Marginable Futures Contracts carried in any account(s) on the books of such Trading Member be transferred to the books of one or more Trading Members;
      (b) require such Trading Member to liquidate any of the positions carried in any account(s) on its books;
      (c) modify any term in any Contract Specifications, which may include bringing forward the Last Trading Day, or modifying the settlement obligations as set out in Chapter 9;
      (d) require such Trading Member to close any accounts;
      (e) impose such additional capital requirements on such Trading Member as SGX-ST deems necessary or desirable;
      (f) impose such limits and/or conditions to control the trading activities of such Trading Member as SGX-ST deems necessary or desirable; and
      (g) take such action or require the Trading Member to take such action as SGX-ST deems necessary or desirable.

      Added on 3 June 2019.

    • 8.16.2

      SGX-ST shall, as soon as practicable, notify the Authority of any action taken pursuant to Rule 8.16.1.

      Added on 3 June 2019.

    • 8.16.3

      Nothing in this rule shall limit the authority of SGX-ST, SGX RegCo or any other committee to act in an emergency situation in accordance with the Rules.

      Added on 3 June 2019.