Practice Note 3.7 and 3.9 Remote Trading Member Exposure to Single Customer and Single Security
2. Adequate Tools and Procedures
Tools and procedures to monitor a Remote Trading Member's exposure to a single customer or single security that SGX-ST deems adequate include, but are not limited to the following:(a) The Remote Trading Member may, based on its available financial resources, establish the level of concentration risks arising from exposure to a single customer or single security that is acceptable to it. Thereafter, the Remote Trading Member should monitor its exposures to a single customer or single security against such acceptable level of risk.(b) The Remote Trading Member may have in place adequate systems to monitor its exposure to customers on an individual customer and aggregated basis, and generate reports describing the results of such monitoring.