Practice Note 4.6.7A(1)(c) — Error Prevention

Issue Date Cross Reference Enquiries

Added on 18 September 201218 September 2012 and amended on 24 February 201424 February 2014.

Rule 4.6.7A(1)(c) Please contact Member Supervision:

Facsimile No : 6538 8273
E-Mail Address: membersup@sgx.com
1. Introduction
1.1 This Practice Note explains the types of error-prevention alerts contemplated in Rule 4.6.7A(1)(c).
2. Types of Error-Prevention Alerts
2.1 The types of error-prevention alerts to be made available may include but are not limited to the following:—
(a) maximum quantity per order — to alert Trading Representatives and customers of possible erroneous entries in relation to quantity; and
(b) price alerts — to alert Trading Representatives and customers of possible erroneous entries in relation to price.
2.2 Price alerts may include but are not limited to price range checks to alert Trading Representatives and customers when the new order entry price has exceeded:—
(a) a certain percentage; or
(b) a certain number of ticks,

as compared to the most recent of the last traded price, the previous settlement price, the closing price or the opening price, as the case may be.

Added on 18 September 201218 September 2012 and amended on 24 February 201424 February 2014.