14.13.1
Where SGX-ST deems it necessary or desirable for ensuring a fair and orderly market or for ensuring a safe and efficient clearing facility, or for ensuring the integrity of the market or for proper management of systemic risk in the market, SGX-ST may, in relation to 1 or more Trading Members:
Added on 16 September 201616 September 2016.
14.13.2
SGX-ST shall, as soon as practicable, notify the Authority of any action taken pursuant to Rule 14.13.
Added on 16 September 201616 September 2016 and amended on 15 September 201715 September 2017.
14.13.3
Nothing in this rule shall limit the authority of SGX-ST, SGX RegCo or any other committee to act in an emergency situation in accordance with these Rules.
Added on 16 September 201616 September 2016 and amended on 15 September 201715 September 2017.
14.13.4
Without prejudice to the generality of Chapter 2, SGX-ST shall not be liable to any Trading Member or any other person in respect of any damage, loss, cost or expense of whatsoever nature (whether direct, indirect, special or consequential, including without limitation any loss of business, revenue, goodwill, bargain or profit), suffered or incurred by such Trading Member or third party, arising out of or in connection with the exercise or non-exercise by SGX-ST of its powers under Rule 14.13 or the determination by SGX-ST of the satisfaction or non-satisfaction of any condition for the exercise of such powers.
Added on 16 September 201616 September 2016.