13.10 Order Entry Person
A Trading Member may appoint a person to enter orders on the Trading System on instructions given by a Trading Representative or team of Trading Representatives. A Trading Member must ensure that a Trading Representative is supported by no more than 1 order entry person. For avoidance of doubt, an order entry person who supports a Remisier must be appointed by a Trading Member.
A Trading Member must ensure that the order entry person does not:—(1) deal in securities or trade in futures contracts;(2) exercise any discretion over the entry of orders;(3) give investment advice or make recommendations to customers;(4) accept instructions from customers;(5) communicate with customers regarding settlement; or(6) collect cash, cheques or share certificates on behalf of the Trading Member, designated Trading Representative(s) or customers.
A Trading Member must provide SGX-ST with the name and identity card/passport number of the order entry persons appointed.
A Trading Member must inform SGX-ST in writing if an order entry person ceases to act. If possible, at least 7 days prior notice should be given.