Chapter 8A — Marking of Sell Orders

Rule Violation

Whether composition may be offered

Composition Amount which may be Offered by SGX-ST, where SGX-ST has Determined the Trading Member, Approved Executive Director and/or Trading Representative to be Liable

Mandatory minimum penalty imposable by the Disciplinary Committee

Rule Chapter/Number

Brief Description of Rule

Trading Members (or Designated Market Maker, where applicable)

Approved Executive Directors

Trading Representatives (or Market Making Representative, where applicable)

1st Violation

2nd Violation

3rd Violation

1st Violation

2nd Violation

3rd Violation

1st Violation

2nd Violation

3rd Violation

Chapter 8A — Marking of Sell Orders

8A.3

Marking Of Sell Orders

8A.3.1A

Trading Member or Trading Representative not to enter a sell order in the Trading System if a customer has not indicated whether the sell order is a Short Sell Order or a normal sell order and /or has not indicated the required information.

Compoundable

$500

$1,000

$2,000

N.A.

$250

$500

$1,000

N.A.

8A.3.2

Trading Member or Trading Representative not to report Direct Business through the married trade reporting system in the Trading System if a customer has not indicated whether the Direct Business sell order is a Short Sell Order or a normal sell order.

Compoundable

$500

$1,000

$2,000

N.A.

$250

$500

$1,000

N.A.

8A.3.3

Trading Member to ensure that the necessary procedures and systems are implemented to facilitate compliance with the obligations set out in Rule 8A.3.

Compoundable

$2,000 – $4,000

$4,000 – $7,000

$7,000 – $10,000

N.A.

N.A

8A.6

Reporting of erroneously marked sell orders

8A.6.2

Trading Member to ensure that report submitted adheres to the requirements set out by SGX-ST and is complete and accurate.

Compoundable

$2,000 – $4,000

$4,000 – $7,000

$7,000 – $10,000

N.A.

N.A

Added on 11 March 2013 11 March 2013 and amended on 1 October 2018 1 October 2018.