The Singapore Exchange Limited (“SGX”) seeks public comment on proposed changes to the Futures Trading Rules (“FTR”) and SGX-DC Clearing Rules to:
remove Bypass Privileges; and
amend certain provisions relating to pre-execution checks, Customers with Direct Market Access, adequacy of systems and monitoring of orders.
Source: SGX
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Posted on July 13th, 2011
Singapore Exchange (SGX) is consulting the public on its proposal to introduce circuit breakers in the securities market.
Circuit breakers act in situations of runaway prices by allowing a pause for investors to take stock of the situation. The proposed circuit breakers provide an additional safeguard against potential market disorderliness in times [...]
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