Singapore legislation
Clause 175
Clause 175
Interpretation of this Part
In this Part, “member”, in relation to a securities exchange or futures exchange, means a person who —
(a)
holds membership of any class or description of a securities exchange or futures exchange, whether or not he holds any share in the share capital of such exchange; and
(b)
is licensed by the Authority to carry on the business of dealing in securities or trading in futures contracts, as the case may be.