Singapore legislation

Section 51

of Futures Trading Act

Section 51

Bucketing

Amended by9/959/95

(1)

No person shall knowingly execute, or hold himself out as having executed, an order for the purchase or sale of a futures contract on a futures market, without having effected a bona fide purchase or sale of the futures contract in accordance with the business rules and practices of the futures market.

Amended by9/95

(2)

No person shall knowingly execute, or hold himself out as having executed, an order to make a purchase or sale in connection with leveraged foreign exchange trading, without having effected a bona fide purchase or sale in accordance with the order.

Amended by9/95
Section 51 — Futures Trading Act | laws.sg