Singapore legislation
Regulation 4
Regulation 4
Deemed recognised market operators
Subregulation 1
The corporations known as —
Bloomberg Tradebook Singapore Pte Ltd;
BrokerTec USA, LLC;
Chicago Mercantile Exchange Inc.;
Euronext Paris S.A.;
Garban, LLC;
LIFFE Administration and Management;
MarketAxess Europe Limited;
New York Mercantile Exchange, Inc.;
The International Petroleum Exchange of London Limited; and
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.