Singapore legislation
Section 51
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