Whole Section

  • Mutual cancellation

    • 2.3.2

      In the event that the parties agree to cancel an Error Trade, the following procedures will apply:

      (a) The TM in error must inform SGX-ST of the mutual cancellation without delay; and
      (b) Both parties must submit the duly completed trade cancellation request forms to SGX-ST.

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

    • 2.3.3

      If the counterparty TM agrees to cancel an Error Trade, the TM in error should consider compensating, on an ex gratia basis, the counterparty TM for any losses that would be incurred as a result of the mutual cancellation.

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