4.29 Segregation of Customer's and Remisier's Monies and Assets
A Trading Member must:(a) segregate monies and assets of customers (including Remisiers) from the Trading Member's monies and assets;(b) deposit monies and assets of customers (including Remisiers) in trust or custody accounts; and(c) separately account for the monies and assets of each customer (including each Remisier).
A Remote Trading Member must comply with such requirements as may be prescribed by the Relevant Regulatory Authority. The Remote Trading Member shall immediately notify SGX-ST of any changes to such requirements. Notwithstanding the foregoing, SGX-ST shall have the discretion to prescribe additional requirements.
A "customer" for the purposes of Rules 4.29, 4.30 and 4.31 does not include (a) any Officer, Director, employee or representative of the Trading Member; or (b) a related corporation of the Trading Member with respect to an account belonging to and maintained wholly for the benefit of that related corporation; but includes a Remisier of the Trading Member.