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  • SGX Rulebooks
    • Mainboard Rules
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    • Futures Trading Rules
      • Chapter 1 General Matters
      • Chapter 2 Access and Membership
        • 2. Overview of Access and Membership
          • 2.1 Access and Trading
          • 2.2 Classes of Membership
          • 2.3 Admission Criteria for Members
          • 2.4 Licensing and Credit Rating Requirements for Members, their Employees and Agents
          • 2.5 Financial Requirements for Members
            • 2.5.1 Overview of Base Capital, Total Risk Requirement and Statutory Requirements
            • 2.5.2 Trading Members
            • 2.5.3 [Rule has been deleted.]
            • 2.5.4 Additional Financial, Capital and Other Requirements Imposed by the Exchange or the Clearing House
            • 2.5.5 Calculation of Financial Resources
            • 2.5.6 Notification Requirements of General Trading Members
            • 2.5.6A Notification requirements of General Trading Members that hold a licence specified in Rule 2.4.1(b)
            • 2.5.6B Notification Requirements of Bank Trading Members
            • 2.5.7 Requirements Relating to Preference Shares, Unsecured Loans and Others for General Trading Members
          • 2.6 Technical Matters and Risk Management Controls
          • 2.7 Fit and Proper Requirements
          • 2.8 [Deleted]
          • 2.9 Member Register and Nomenclature
          • 2.10 Clearing Arrangement
          • 2.11 Membership Application
          • 2.12 Fees, Levies and Charges
          • 2.13 Registration of Approved Traders and Registered Representatives
          • 2.14 Change of Control of Members
          • 2.15 Resignation, Suspension and Termination of Members
      • Chapter 3 Conduct of Members, Approved Traders and Representatives
      • Chapter 4 Listing and Trading of Contracts
      • Chapter 5 Physical Delivery
      • Chapter 6 Dispute Resolution and Arbitration
      • Chapter 7 Adverse Events, Rule Violations and Disciplinary Action
      • Chapter 8 Definitions and Interpretation
      • Chapter 9 Transitional Provisions
      • Regulatory Notices
      • Practice Notes
      • Schedules
    • SGX-DC Clearing Rules
    • SIAC DT Arbitration Rules
    • SIAC DC Arbitration Rules
    • Archive
    • Rule Amendments
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Breadcrumb

  1. SGX Rulebooks
  2. Futures Trading Rules
  3. Chapter 2 Access and Membership
  4. 2. Overview of Access and Membership
  5. 2.5 Financial Requirements for Members
  6. 2.5.5 Calculation of Financial Resources
  Versions

 
  • 06 Feb 2014
  • 07 Feb 2014 to 28 Dec 2014
  • 29 Dec 2014
‹ 2.5.4 Additional Financial, Capital and Other Requirements Imposed by the Exchange or the Clearing House 2.5.6 Notification Requirements of General Trading Members ›

2.5.5 Calculation of Financial Resources

In the calculation of Financial Resources, a corporate Member may include Qualifying Subordinated Loan(s), subject to such conditions and restrictions as prescribed under the Financial and Margin Regulations and in such form as prescribed by the Exchange or the Clearing House.*

* Refer to Annex A — Deed of Subordination (Term Loan)Annex A — Deed of Subordination (Term Loan) and Annex B — Deed of Subordination (Revolving Credit Facility)Annex B — Deed of Subordination (Revolving Credit Facility).

Amended on 25 August 200925 August 2009, 7 February 20147 February 2014 and 29 December 201429 December 2014.

‹ 2.5.4 Additional Financial, Capital and Other Requirements Imposed by the Exchange or the Clearing House 2.5.6 Notification Requirements of General Trading Members ›
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