Singapore legislation
Clause 127
Clause 127
Cross-trading
The holder of a capital markets services licence to trade in futures contracts shall not knowingly fill or execute a customer’s order for the purchase or sale of a futures contract on a futures market by off-setting against the order or orders of any other person, without effecting such a purchase or sale either —
(a)
on the trading floor or electronic futures trading system; or (b)in accordance with the business rules and practices of a futures exchange or recognised trading system provider.