SGX Rulebooks
Link copied to clipboard
Custom Print
Past version: Effective up to 23 Feb 2014

8.10.1

SGX-ST may suspend or restrict trading in any or all listed or quoted securities or futures contracts. It may do so for 1 or more markets or 1 or more trading sessions or any part of a trading session. It may do so in any of the following circumstances:—

(1) in SGX-ST's opinion, the market is not orderly, informed or fair or circumstances are about to occur that may result in there not being an orderly, informed or fair market;
(2) SGX-ST releases an announcement in relation to an Issuer which, in SGX-ST's opinion, is market sensitive;
(3) an Issuer requests, and SGX-ST agrees to, the suspension;
(4) access to the Trading System is generally restricted;
(4A) where Rule 8.10A applies;
(5) any of the circumstances in Rule 1303 of the SGX-ST Listing Manual apply;
(6) functions of SGX-ST are, or are threatened to be, severely and adversely affected by a physical emergency such as fire, terrorist activities, power failures, communication or transportation breakdowns, or computer malfunctions; or
(7) in SGX-ST's opinion, it is in the public interest.

Refer to Practice Note 8.10.1.

Amended on 3 April 20083 April 2008, 24 February 201424 February 2014 and 8 October 20188 October 2018.

8.10.1A

SGX-ST may restrict trading by such means as it considers appropriate, including placing the market into an Adjust Phase.

Added on 16 September 201616 September 2016.

8.10.2

A suspension and a trading restriction may be lifted by SGX-ST at any time.

Amended on 16 September 201616 September 2016.

8.10.3

Securities or futures contracts which have been suspended from trading cease to be traded on the Trading System. Except with SGX-ST's approval, a Trading Member must not execute any transactions in a suspended security or futures contract.

Refer to Practice Note 8.10.3.

Amended on 3 April 20083 April 2008 and 8 October 20188 October 2018.

8.10.4

Unmatched orders in a security or futures contract in the Trading System may lapse in the event of a suspension of that security or futures contract, as determined by SGX-ST.

Refer to Practice Note 8.10.1

Amended on 3 April 20083 April 2008, 16 September 201616 September 2016 and 8 October 20188 October 2018.

8.10.5

Where SGX-ST has suspended or restricted trading in all listed or quoted securities or futures contract in 1 or more markets, SGX-ST may extend a trading session for the market when trading recommences.

Amended on 3 April 20083 April 2008, 8 April 20148 April 2014, 16 September 201616 September 2016 and 8 October 20188 October 2018.

8.10.6

Securities or futures contracts subject to suspension will be placed in Adjust Phase for a minimum of 15 minutes before trading recommences.

Amended on 3 April 20083 April 2008 and 8 October 20188 October 2018.