46. Manipulation of price and cornering

Terms defined in s 2

• commodity

  commodity

  Defined · s 2

  “commodity” means any produce, item, goods or article that is the subject of any —(a)commodity forward contract;(b)leveraged commodity trading;(c)contract made pursuant to trading in differences; or(d)spot commodity trading,and includes an index, a right or an interest in such commodity, and such other index, right or interest of any nature as the Board may, by notification in the Gazette, prescribe to be a commodity; but does not include any produce, item, goods or article that is the subject of a commodity futures contract and any index, right or interest in such produce, item, goods or article;

  Open s 2
• commodity contract

  commodity contract

  Defined · s 2

  “commodity contract” means —(a)a commodity forward contract;(b)any contract made pursuant to trading in differences with respect to a commodity, not being a commodity futures contract; or(c)any contract made pursuant to a transaction in leveraged commodity trading;

  Open s 2
• commodity market

  commodity market

  Defined · s 2

  “commodity market” means —(a)a market, whether in Singapore or elsewhere, at which commodity contracts are regularly made; or(b)an electronic system, whether operating in Singapore or elsewhere, through which trading in commodity contracts is carried out, but excludes an electronic facility which merely provides price or other information relating to commodity contracts (whether that facility is part of or carried on in conjunction with the provision of any other information not related to commodity contracts) and which does not permit users of the facility to channel orders for, execute transactions in, or make markets in, commodity contracts;

  Open s 2