Singapore legislation

Regulation 4

of Securities and Futures (Transitional and Savings Provisions for Parts II, III and IIIA) Regulations 2005

Regulation 4

Deemed recognised market operators

Subregulation 1

The corporations known as —

(a)

Bloomberg Tradebook Singapore Pte Ltd;

(b)

BrokerTec USA, LLC;

(c)

Chicago Mercantile Exchange Inc.;

(d)

Euronext Paris S.A.;

(e)

Garban, LLC;

(f)

LIFFE Administration and Management;

(g)

MarketAxess Europe Limited;

(h)

New York Mercantile Exchange, Inc.;

(i)

The International Petroleum Exchange of London Limited; and

(j)

TradeWeb Europe Limited,which were each recognised as a recognised trading system provider under section 36 of the Act in force immediately before 1st July 2005 shall each be deemed to have been recognised as a recognised market operator under section 8(2) of the Act.

Subregulation 2

Any condition or restriction imposed by the Authority, by notice in writing, on any of the corporations referred to in paragraph (1) as a recognised trading system provider and in force immediately before 1st July 2005 shall be deemed to be a condition or restriction to which its recognition under section 8(2) of the Act is subject.