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5.5.3 Bid and Offer Quotations

A Designated Market-Maker must publish on the Trading System competitive bid and offer quotations:—

(1) on a continuous basis or in such manner as SGX-ST prescribes to provide for an adequately liquid market (with suitable disclosure to investors);
(2) within the maximum spread; and
(3) for not less than the minimum quantity that SGX-ST prescribes.

Refer to Directive No. 3.

Amended on 3 April 20083 April 2008.