Past version: Effective from 01 Jul 2016 to 09 Dec 2018
For third-party clearing arrangements, a Clearing Member may authorize an SGX-ST Trading Member it qualifies (referred to in this Rule 5A.4. as the "Authorized Trading Member") to:
(a) open and maintain Position Accounts for; or
(b) open, maintain and allocate positions to the Position Accounts of,
the SGX-ST Trading Member and/or the SGX-ST Trading Member's customers (such Position Accounts referred to in this Rule 5A.4 as the "Authorized Accounts"), in accordance with such procedures as CDP may require.
Added on 1 July 20161 July 2016.