2.2 Classes of Membership

Futures Trading Rules

Chapter 2 Access and Membership 2. Overview of Access and Membership

2.2.1 Overview

Membership shall:

(a) comprise such classes of membership as provided under this Rules; and

(b) be granted pursuant to and subject to this Rules.

2.2.2 Trading Member

There are 2 classes of Trading Members:

(i) General Trading Members; and

(ii) Bank Trading Members.

A Trading Member shall observe this Rules and any requirements as prescribed by the Exchange from time to time.

Amended on 25 August 2009 25 August 2009.

To the extent that a Clearing Member has trading privileges, it is required to observe this Rules, the Clearing Rules and any requirements as prescribed by the Exchange or the Clearing House from time to time.

2.2.4 Dual Member

A Dual Membership entitles a Member to certain Membership privileges and subjects it to certain additional Membership obligations as set out in the applicable rules, including this Rules, the Clearing Rules, the CDP Clearing Rules and the Securities Rules. A "Dual Member" refers to a Member of more than one (1) Approved Exchange or more than one (1) Designated Clearing House owned by the Singapore Exchange Limited, as the case may be.

2.2.5 Honorary Member

The Exchange reserves the right to confer the distinction of Honorary Member to any person who has made a significant contribution to the promotion and development of a Market or Markets.