SGX Revised Settlement Process and Refined Penalty Framework

SGX has revised securities settlement process to reduce the incidence of failed trades. The revised settlement process will take effect for trades with settlement due date on Friday, 20 November 2009.

You are strongly encouraged to read and understand clearly the revised settlement process as outlined in SGX website :

a) Announcement dated 9 Oct 2009
b) Announcement dated 5 Nov 2009
c) Announcement dated 12 Nov 2009

Updated: 13 November 2009