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
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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  • 8.10 Direct Business

    • 8.10.1

      A Trading Member may only execute Direct Business that is:

      (a) at least:
      (i) 50,000 units of securities or futures contracts, or in the case of Marginable Futures Contracts, 50,000 units of the underlying; or
      (ii) S$150,000 in terms of contract value;
      (b) a book-out trade from an error account to remedy an error; or
      (c) to complete a customer's order that was partially filled in the market, provided the original order met the minimum size in Rule 8.10.1(a) above.

      Added on 3 June 2019.

    • 8.10.2

      Direct Business may be transacted between:

      (a) two Trading Members;
      (b) two customers of a Trading Member; or
      (c) a Trading Member and its customer.

      Added on 3 June 2019.

    • 8.10.3

      SGX-ST may vary the minimum size or value of trades under Rule 8.10.1.

      Added on 3 June 2019.

    • 8.10.4

      Direct Business must be reported through the married trade reporting system of the Trading System. The price, quantity, counterparty and other details as required under Rule 8.7.1 must be reported.

      Added on 3 June 2019.

    • 8.10.5

      Direct Business must be reported within 10 minutes of execution save that Direct Business executed after market close must be reported in the first 20 minutes of the Opening Routine on the following Market Day.

      Added on 3 June 2019.

    • 8.10.6

      SGX-ST may suspend Direct Business on any or all securities or futures contracts. SGX-ST may specify conditions under which Direct Business is permitted for securities or futures contracts.

      Added on 3 June 2019.