Future version: Effective from 13 Oct 2025
| Dates | Cross Reference | Enquiries |
| Issue Date 17 July 2024, amended on 13 October 2025 | Please contact Member Supervision Officers or email asksgx@sgx.com |
1. Trading Prohibition
1.1 Pursuant to Rule 1.10.1 read with Rule 2.1.3 and Rule 2.1.3A, the Exchange directs that until further notice, there shall be no trades executed in the Connect Contracts set out in Appendix A (collectively, the "Selected Connect Contracts"), whether on Members’ House Accounts or Customer Accounts, and whether on the Connect Market or through Negotiated Large Trades.
2. Procedures for Ineligible Trades in the Selected Connect Contracts
2.1 In the event where there is a trade in the Selected Connect Contracts (“Ineligible Trade”) notwithstanding paragraph 1.1, the relevant Members shall fully cooperate with the Connect Broker and/or the Exchange in the management of these positions, which include their cancellation or liquidation. A Member shall be required to take such necessary steps to facilitate the management of such Ineligible Trades and shall similarly ensure that its customer(s) comply with any directions by the Exchange in this regard.
2.2 Neither the Exchange nor the Connect Broker shall be liable for any loss or damage (directly or indirectly) that may be suffered by Members and/or their customers as a result of any Ineligible Trades, including any action taken by the Connect Broker or the Exchange to cancel or liquidate such Ineligible Trades.
2.3 The Exchange shall have the right at all times to take disciplinary actions against the Member, Approved Trader or Registered Representative for a breach of the provisions of this Directive.
Added on 17 July 2024, and amended on 13 October 2025.
Appendix A to Directive No. 2
Future Version: Effective from 13 Oct 2025
Selected Connect Contracts
S/no. | Contract |
1 | NSE IFSC Nifty Next 50 Index Futures and Options |
2 | NSE IFSC Nifty Midcap Select Index Futures and Options |
3 | NSE IFSC Nifty 50 Index Options except for those that are listed with the Last Trading Day on a Tuesday |
Added on 13 October 2025.