Whole Section

  • 2.2 Preliminary Steps

    • 2.2.1

      When an Error Trade occurs, the TM in error must:

      (a) Inform SGX-ST by telephone at (+65) 6713 7088 within 30 minutes from the time the Error Trade occurred; and
      (a) Contact the counterparty TM(s) without delay and seek its(their) agreement to cancel the Error Trade.

      Added on 3 June 20193 June 2019 and 3 June 20193 June 2019.

    • 2.2.3

      Rule 11.4.1 gives SGX-ST the discretion to review any Error Trade if SGX-ST deems it necessary for the proper maintenance of a fair and orderly market. As such, market participants are advised that even if they do not initiate the procedure for cancelling an Error Trade, SGX-ST may exercise its discretion under Rule 11.4.1 to review the Error Trade.

      Added on 3 June 20193 June 2019 and 3 June 20193 June 2019.