Clause 5

A Futures Exchange shall not list or de-list any futures contract on its Exchange or operate any electronic facility for trading of any futures contract without seeking the prior approval of the Authority.(2) The Authority may grant approval for the listing of a futures contract on a Futures Exchange or for the trading of any futures contract on an electronic facility operated by the Futures Exchange subject to such conditions as the Authority may think fit.(3) The requirement for approval under subsection (1) for the listing of futures contracts shall not apply to those contracts that, on the commencement of the Futures Trading (Amendment) Act 1995, are listed on the Singapore International Monetary Exchange Limited.”.