10.4.1
SGX-SPV must be a Trading Member and a Clearing Member for the purpose of facilitating Orders pertaining to a Selected SGX Security for execution in SGX-ST (inbound) and Orders pertaining to a Selected Foreign Security for execution in a Foreign Exchange (outbound).
10.4.2
SGX-SPV must be admitted as a Trading Member of SGX-ST if SGX-ST is satisfied that the following conditions have been, or will be, met:—
10.4.3
In relation to SGX-SPV as a Trading Member, SGX-ST will carry out its functions and exercise its powers in a like manner to the way it would carry out its functions in respect of other Trading Members, recognising the limited functions that SGX-SPV is intended to perform. SGX-SPV will not apply for an exemption, waiver or other exercise of discretion under the SGX-ST Rules unless it has first notified the Authority.
10.4.4
For outbound Orders, SGX-SPV:—
10.4.5
For inbound Orders, SGX-SPV, in its capacity as agent for the Foreign Portal Dealer, must:—
Amended on 3 April 20083 April 2008.
10.4.6
SGX-SPV may close out a position or correct an error if, in its opinion, it is necessary or desirable to manage risks prudently or meet requirements for the operation of the Service.
10.4.7
Rule | Heading |
4.1.1 | Admission Criteria (as a Trading Member) |
4.6.1(2) | Compliance (with admission criteria) |
4.6.5 | Responsibility to SGX-ST |
4.6.11 | Approved Executive Director |
4.6.12 | Directors |
4.6.14 | Memorandum and Articles of Association |
4.6.17 | Business Name |
4.6.18 | Issue of Shares |
4.6.19 | Voluntary Liquidation |
6.1–6.5 | Approved Executive Director |
9.5 | Trades under Physical Delivery |
11.1–11.14 | Capital and Financial Requirements |
12.3 | Customer Accounts |
12.4 | Trading Authority |
12.6 | Contract Notes |
12.7 | Statement of Account to Customers |
12.11 | Customer's and Remisier's Money |
12.12 | Customer's and Remisier's Assets |
12.17.4 | Trading by Employees and Agents |
12.21 | Use of Office Premises |
13.5 | Arrangement with Customers |
13.12 | Identification & Password |
Chapter 19 of these Rules |
Amended on 23 January 200923 January 2009.