Past version: Effective up to 25 Apr 2013
Each Trading Member indemnifies SGX-ST and its Directors, Officers, employees and agents ("Indemnified Persons") against any loss or liability reasonably incurred or suffered by the Indemnified Persons where such loss or liability arose out of or in connection with:—
(1) any breach by the Trading Member of its obligations under the Rules or any Directives, or
(2) any wilful, unlawful, reckless or negligent act or omission by the Trading Member.