Singapore legislation
Clause 118
Clause 118
Issue of contract notes
The holder of a capital markets services licence to deal in securities, trade in futures contracts or carry out leveraged foreign exchange trading shall, in respect of a sale or purchase of securities or futures contracts or a transaction connected with leveraged foreign exchange trading, after entering into the transaction —
(a)
give to the other party to the transaction a contract note which contains such information as may be prescribed; or
(b)
procure that such a contract note be given in its name.