Latest updates

Rule Changes Allow Product Offerings on Broader Suite of Asset Classes
  • Singapore
  • 07 May 2008

Singapore’s futures market has recently seen regulatory amendments aimed at broadening the suite of asset classes that may be traded on Singapore’s securities platform. The Singapore Stock Exchange has announced amended rules that will facilitate the trading of listed structured products based on futures prices.

SGX Consults on Introduction of Single Stock Derivatives
  • Singapore
  • 14 November 2007

Singapore Exchange Limited (SGX) issued a consultation paper on proposed amendments to its business rules for the introduction of single stock derivatives in the first quarter of 2008. Single stock derivatives will be a new product class and the first margin-based, exchange-traded product on the SGX securities trading market.

SGX Proposes Dissolution of Derivatives Trading Compensation Fund
  • Singapore
  • 01 August 2007

Singapore Exchange Limited (SGX) has announced a proposal to dissolve the SGX Derivatives Trading Compensation Fund. Among the reasons for the proposal is the existence under the Securities and Futures Act of the Fidelity Fund, which is intended solely for the compensation of non-accredited investors in the event of a default by a member of Singapore Exchange Derivatives Clearing Ltd.

New Futures Trading Rulebook and Clearing Rules for SGX
  • Singapore
  • 04 October 2006

As the market moves towards a fully electronic trading environment, Singapore Exchange Limited has completed a timely major revision of its existing derivatives trading rulebook. The new version of the rulebook better caters for the industry's key regulatory and market developments and introduces deliverable commodity futures contracts on the newly launched Joint Asian Derivatives Exchange.

China Aviation Oil Restructuring: Insider Trader Jailed
  • Singapore
  • 19 April 2006

After a long restructuring exercise involving the ill-timed oil derivative trading that nearly brought down China Aviation Oil (Singapore) Corporation Ltd, the company has restructured its debt and its shares have been relisted. However, its former chief executive officer has been jailed for offences relating to breaches of a director's duties, non-disclosure of price-sensitive information and insider trading.

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