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10.6.4 Market Manipulation and False Market

(1) A Trading Member or a Trading Representative must not engage in, or knowingly act with any other person in, any act or practice that will or is likely to:—
(a) create a false or misleading appearance of active trading in any Selected Foreign Securities; or
(b) lead to a false market on a Foreign Market.
(2) A Trading Member must immediately inform SGX-ST if it reasonably suspects, or knows of, any attempted market manipulation or creation of a false market in a Selected Foreign Security via the Exchange Link. A Trading Member must not participate, or knowingly assist others, in any operation which might have such a result.