dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities

SGX Consults On Proposed Rules Changes Related To GIFT Connect

  • June 11, 2021
Total
0
Shares
0
0
0

Singapore Exchange (SGX) is seeking market feedback on proposed amendments to the SGX-Derivatives Clearing Rules (SGX-DC Clearing Rules) and the SGX Derivatives Trading Futures Trading Rules (SGX-DT Futures Trading Rules) in relation to the operation of the NSE IFSC-SGX Connect (GIFT Connect).

SGX has incorporated in Gujarat International Finance Tec-City (GIFT) a special purpose vehicle, SGX India Connect IFSC Private Limited (SGX-SPV). Under the GIFT Connect, SGX-SPV will be admitted as a trading member of NSE IFSC and clearing member of NSE IFSC Clearing Corporation Limited (NICCL). These arrangements will enable the trading and clearing of Nifty products under GIFT Connect.

Orders for Nifty products from SGX-DT trading members will be routed via SGX-SPV to NSE IFSC for trading and execution, followed by clearing and settlement through NICCL. SGX-DC members will face SGX-DC as the central counterparty for these trades, similar to the arrangement for other SGX-DT products.

The proposed amendments to the SGX-DC Clearing Rules for the purpose of GIFT Connect include the introduction of an additional layer of financial resources over and above the SGX-DC Clearing Fund, as well as new default management tools.

The proposed amendments to the SGX-DT Futures Trading Rules are intended to clarify the obligations of SGX-DT trading members when accessing the GIFT Connect for the trading of the relevant Nifty derivatives contracts.

The consultation will be open till 7 July 2021 and is found here.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • GIFT Connect
  • SGX
  • Singapore Exchange
dotlah.com

Previous Article
  • Lah!
  • Technology

UOB First Bank In Singapore To Pilot Sign With Singpass For Digital Signature Authorisation; Move Will Cut Down Paper Usage By Two Million Forms A Year

  • June 11, 2021
View Post
Next Article
  • Cities
  • Lah!

Westgate Reopens With Enhanced Precautionary Measures To Safeguard Public Health

  • June 11, 2021
View Post
You May Also Like
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025
“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch
View Post
  • Cities
  • Technology

“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch

  • John Francis
  • January 6, 2025
View Post
  • Cities

Popes were once confined to Rome. Now they travel the world – and Francis’ current journey is particularly significant

  • dotlah.com
  • September 13, 2024
Singapore
View Post
  • Cities
  • Economy

South Africa’s new pension rules: Australia, Chile and Singapore show how personal savings can grow the economy

  • dotlah.com
  • August 30, 2024
Singapore
View Post
  • Artificial Intelligence
  • Cities
  • Technology

These 5 cities are making innovative use of generative AI

  • dotlah.com
  • July 29, 2024


Trending
  • 1
    • Lah!
    • Technology
    NUS And SUTD To Collaborate On Innovation And Enterprise
    • July 17, 2021
  • 2
    • Society
    Why So Many Epidemics Originate In Asia And Africa – And Why We Can Expect More
    • March 4, 2020
  • 3
    • Cities
    • Society
    Here Are The Cleanest And Most Corrupt Governments Of The World
    • February 4, 2020
  • 4
    • Society
    WHO Declares Global Health Emergency Over Coronavirus: 4 Questions Answered
    • February 1, 2020
  • singapore-passport--1305469798-2-2_cover_1500x1250 5
    • Cities
    • Features
    • People
    Major Shake-Up in World’s Passport Power Ranking
    • July 19, 2023
  • 9th-dedekind-number-feature 6
    • Featured
    • Science
    • Technology
    Dedekind Number, Mathematics, Number Theory, Paderborn University, Real Numbers,
    • July 13, 2023
  • 7
    • Lah!
    Countdown To Singapore International Ferrous Week
    • July 7, 2021
  • 8
    • Lah!
    • Technology
    Misinformation During Pandemic Highlights Role Of Media
    • July 13, 2021
  • 9
    • Cities
    • Lah!
    Changi Airport In focus As East Coast GRC Grassroots Organisations And Advisors Acknowledge Aviation Frontliners
    • August 31, 2021
  • 10
    • Lah!
    Keppel-led Consortium Secures S$1.5 Billion Contract To Develop Singapore’s Tuas Nexus Integrated Waste Management Facility (IWMF)
    • April 24, 2020
  • 11
    • Lah!
    What Does It Mean To Preserve Nature In The Age Of Humans?
    • November 3, 2019
  • 12
    • Research
    • Science
    Earth’s “Third Pole” and Its Role in Global Climate
    • August 27, 2023
Trending
  • 1
    Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore
    • June 20, 2025
  • 2
    A Father’s Day Gift for Every Pop and Papa
    • June 14, 2025
  • 3
    Apple services deliver powerful features and intelligent updates to users this autumn
    • June 12, 2025
  • 4
    Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design
    • June 11, 2025
  • 5
    It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society
    • June 8, 2025
  • 6
    PBBM asks Singapore to invest more in PH renewable energy projects
    • June 6, 2025
  • 7
    Singapore PM Wong arrives in Malacañang
    • June 4, 2025
  • 8
    Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong
    • June 4, 2025
  • 9
    Singapore businesses eye more investments in PH, says PM Wong
    • June 4, 2025
  • 10
    The Summer Adventures : Hiking and Nature Walks Essentials
    • June 3, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.