8.10 Suspension and Restriction of Trading
SGX-ST may suspend or restrict trading in any or all listed or quoted securities or futures contracts. It may do so for 1 or more markets or 1 or more trading sessions or any part of a trading session. It may do so in any of the following circumstances:—(1) in SGX-ST's opinion, the market is not orderly, informed or fair or circumstances are about to occur that may result in there not being an orderly, informed or fair market;(2) SGX-ST releases an announcement in relation to an Issuer which, in SGX-ST's opinion, is market sensitive;(3) an Issuer requests, and SGX-ST agrees to, the suspension;(4) access to the Trading System is generally restricted;(4A) where Rule 8.10A applies;(5) any of the circumstances in Rule 1303 of the SGX-ST Listing Manual apply;(6) functions of SGX-ST are, or are threatened to be, severely and adversely affected by a physical emergency such as fire, terrorist activities, power failures, communication or transportation breakdowns, or computer malfunctions; or(7) in SGX-ST's opinion, it is in the public interest.
Refer to Practice Note 8.10.1.
SGX-ST may restrict trading by such means as it considers appropriate, including placing the market into an Adjust Phase.
A suspension and a trading restriction may be lifted by SGX-ST at any time.
Securities or futures contracts which have been suspended from trading cease to be traded on the Trading System. Except with SGX-ST's approval, a Trading Member must not execute any transactions in a suspended security or futures contract.
Refer to Practice Note 8.10.3.
Unmatched orders in a security or futures contract in the Trading System may lapse in the event of a suspension of that security or futures contract, as determined by SGX-ST.
Refer to Practice Note 8.10.1
Where SGX-ST has suspended or restricted trading in all listed or quoted securities or futures contract in 1 or more markets, SGX-ST may extend a trading session for the market when trading recommences.