44. Records of transactions on Futures Exchange or clearing house

Terms defined in s 2

• Authority

  Authority

  Defined · s 2

  “Authority” means the Monetary Authority of Singapore established under section 3 of the Monetary Authority of Singapore Act;

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• clearing house

  clearing house

  Defined · s 2

  “clearing house”, in relation to a futures market, means a body corporate, or an association or organisation forming part of a Futures Exchange, that —(a)clears and settles futures contracts; and(b)makes adjustments to the contractual obligations arising out of those futures contracts;

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• customer

  customer

  Defined · s 2

  “customer” means a person on whose account a futures broker carries on trading in futures contracts or leveraged foreign exchange trading;

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• Exchange

  Exchange

  Defined · s 2

  “Exchange” or “Futures Exchange” means —(a)the Singapore International Monetary Exchange Ltd.; or(b)a body corporate —(i)that provides or proposes to provide the physical facilities necessary for trading in futures contracts; and(ii)that maintains or proposes to maintain a futures market that is approved by the Authority under section 4;

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• Futures Exchange

  Futures Exchange

  Defined · s 2

  “Exchange” or “Futures Exchange” means —(a)the Singapore International Monetary Exchange Ltd.; or(b)a body corporate —(i)that provides or proposes to provide the physical facilities necessary for trading in futures contracts; and(ii)that maintains or proposes to maintain a futures market that is approved by the Authority under section 4;

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• member

  member

  Defined · s 2

  “member” means a person who holds membership of any class or description of a Futures Exchange whether or not he holds any share in the share capital of the Exchange;

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