SGX Rulebooks
Link copied to clipboard
Futures Trading Rules
Directives
Future version: Effective from 24 Nov 2025
DatesCross ReferenceEnquiries

Issue Date
24 October 2025

 

Effective date

24 November 2025
 

 

Please contact Member Supervision:--

 

Facsimile No: 6538 8273

E-Mail Address: membersup@sgx.com

1. The Exchange has launched the SGX Bitcoin Perpetual Futures Contract and SGX Ethereum Perpetual Futures Contract (collectively, the “Crypto Futures”) which are futures contracts with cryptocurrency underlying (Bitcoin and Ethereum respectively). The Crypto Futures are intended for investors that are Accredited Investors, Expert Investors, or Institutional Investors.^ 
 
2. Pursuant to Rule 1.10.1, the Exchange directs that Members restrict trading of the Crypto Futures by Customers based in Singapore only to those Customers that are Accredited Investors, Expert Investors, or Institutional Investors. This restriction applies whether the trading is done on the Trading System or through Negotiated Large Trades.
 
3. A Member must ensure that necessary controls and processes are in place to effect the restriction set out in paragraph 2.
 
4. Pursuant to Rule 7.2.1, the Exchange has the right to take disciplinary actions against a Member, any of its Approved Traders, and/or any of its Registered Representatives for a breach of any of the provisions in this Directive. 
 
^ The terms “Accredited Investors”, “Expert Investors” and “Institutional Investors” have the meaning ascribed to them under the Act.