Whole Section

  • Chapter 8A — Marking of Sell Orders

    • 8A.1 Definitions

      • 8A.1.1

        In this Rule:

        (a) A "Specified Capital Markets Product" means any securities or futures contract that is listed or to be listed on SGX-ST that is, or that belongs to a class of capital markets products (as defined in the Securities and Futures Act) that is, prescribed by regulations made under section 137ZM of the Securities and Futures Act.
        (b) A "Short Sell Order" means any order to sell any Specified Capital Markets Product where the person who makes the order does not, at the time of the order, have an interest in the Specified Capital Markets Product as specified under section 137ZH of the Securities and Futures Act, and "short sell" shall be construed accordingly.

        Refer to Practice Note 8A.

        Added on 11 March 201311 March 2013 and amended on 1 October 20181 October 2018.

    • 8A.3 Marking of Sell Orders

      • 8A.3.1

        Each sell order for Specified Capital Markets Products shall be marked to indicate to SGX-ST whether it is a Short Sell Order or a normal sell order. The quantity, volume or value of the Specified Capital Markets Product in which a person intends to make or is making a Short Sell Order shall also be indicated.

        Added on 11 March 201311 March 2013 and amended on 1 October 20181 October 2018.

      • 8A.3.1A

        A Trading Member and its Trading Representative shall not 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 provided the information relating to the quantity, volume or value of the Specified Capital Markets Product in which the customer intends to make or is making a Short Sell Order.

        Added on 1 October 20181 October 2018.

    • 8A.5 Publication of Report of Short Sell Orders

      • 8A.5.1

        SGX-ST shall report before the start of each Market Day the aggregate volume of Short Sell Orders matched and executed for the preceding Market Day and in respect of each Specified Capital Markets Product for which marking is required.

        Added on 11 March 201311 March 2013 and amended on 1 October 20181 October 2018.

      • 8A.5.2

        SGX-ST may subsequently report corrections to such aggregate volume of Short Sell Orders matched and executed that have been reported pursuant to Rule 8A.5.1.

        Added on 11 March 201311 March 2013.