Singapore legislation
Schedule 1
Schedule 1
Markets
FIRST SCHEDULESection 2MarketsFor the purposes of this Act —“futures market” means a place at which, or a facility (whether electronic or otherwise) by means of which, offers or invitations to sell, purchase or exchange futures contracts are regularly made on a centralised basis, being offers or invitations that are intended or may reasonably be expected, to result, whether directly or indirectly, in the acceptance or making, respectively, of offers to sell, purchase or exchange futures contracts (whether through that place or facility or otherwise), but does not include a place or facility used by only one person —
to regularly make offers or invitations to sell, purchase or exchange futures contracts, being offers or invitations that are intended or may reasonably be expected, to result, whether directly or indirectly in the acceptance or making, respectively, of offers to sell, purchase or exchange futures contracts; or
to regularly accept offers to sell, purchase or exchange futures contracts;“securities market” means a place at which, or a facility (whether electronic or otherwise) by means of which, offers or invitations to sell, purchase or exchange issued securities are regularly made on a centralised basis, being offers or invitations that are intended or may reasonably be expected, to result, whether directly or indirectly, in the acceptance or making, respectively, of offers to sell, purchase or exchange issued securities (whether through that place or facility or otherwise) but does not include a place or facility used by only one person —
to regularly make offers or invitations to sell, purchase or exchange issued securities, being offers or invitations that are intended or may reasonably be expected, to result, whether directly or indirectly, in the acceptance or making, respectively, of offers to sell, purchase or exchange issued securities; or
to regularly accept offers to sell, purchase or exchange issued securities.