8.6.13

Past version: Effective up to 23 Feb 2014

SGX-ST will not consider requests to cancel error trades in structured warrants listed for trading on SGX-ST if the error trade falls at or within the upper and lower limits of a no-cancellation range. The no-cancellation range for structured warrants is determined as the wider of the following:

(1) a lower limit of twenty (20) minimum bid sizes less than the Reference Price, and an upper limit of twenty (20) minimum bid sizes higher than the Reference Price; or
(2) a lower limit of 75% of the Reference Price, and an upper limit of 125% of the Reference Price.

For the avoidance of doubt, upon receiving a request to review an error trade involving a structured warrant, SGX-ST will cancel the error trade where it falls outside the upper and lower limits of the no-cancellation range.