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SGX AMENDS CDP RULES TO ADMIT BANKS AS CLEARING MEMBERS OF ITS SECURITIES MARKET

November 2008 - Finance. Legal Developments by Loo & Partners.

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On 10 June 2008, Singapore Exchange Limited (SGX) announced that it will admit banks in Singapore as Clearing Members of its securities market with effect from 1 July 2008. The membership will allow them to offer clearing services to SGX Trading Members and their customers.

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