Clearing of Derivative trading is straight forward ...
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it can be directly cleared by SGX.

As for Equity, its clearing is more complex, that is the reason they have Clearing Members (basically the broking houses) to clear the trades.
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[每周议题] 股票交易平台知多少 － Economist 　2006-03-22 10:53 (198 bytes , 1116reads )
关于平台对比，自己有点感受 － MrDJay 　2006-03-25 19:57 (1356 bytes , 453reads )
seems DBS's platform better. based on your description － box 　2006-03-27 08:33 (36 bytes , 393reads )
so many typos. Appologize.... － MrDJay 　2006-03-25 19:59 (0 bytes , 298reads )
how is research coverage? DBS is not good at small caps － box 　2006-03-24 19:49 (81 bytes , 305reads )
Points to note when you read analysts' reports ... － 神州六号 　2006-03-25 01:41 (1394 bytes , 508reads )
thanks. i read for info. need to exercise own judgement － box 　2006-03-27 08:38 (219 bytes , 312reads )
嗯。说得好！ － MrDJay 　2006-03-25 19:47 (0 bytes , 254reads )
给大家个专业的 － EPCU 　2006-03-24 14:29 (127 bytes , 542reads )
奇怪了！ － 神州六号 　2006-03-24 14:44 (87 bytes , 324reads )
你用 GL ? 每月多少钱？ For TT . － EPCU 　2006-03-24 19:10 (445 bytes , 337reads )
公司付的 － 神州六号 　2006-03-25 01:12 (0 bytes , 246reads )
请问神六兄在哪高就？ 主要交易什么市场？ － EPCU 　2006-03-26 00:37 (0 bytes , 219reads )
OCBC Securities ... SGX and KLSE － 神州六号 　2006-03-26 01:53 (0 bytes , 283reads )
问一下，个人可以直接申请SGX的会员资格吗？ － xiaoqiuqiu 　2006-03-23 20:46 (69 bytes , 299reads )
can. be a SGX Local － CFA 　2006-03-24 09:47 (373 bytes , 429reads )
SGX Locals meant for Derivative Trading and not Equity Trading ... － 神州六号 　2006-03-24 10:36 (57 bytes , 335reads )
i ain't sure. anyway thx for your clarification. btw － CFA 　2006-03-24 11:51 (129 bytes , 350reads )
Clearing of Derivative trading is straight forward ... － 神州六号 　2006-03-24 14:18 (178 bytes , 278reads )
SGX has done quite some non-sense things, get used to it already. － xiaoqiuqiu 　2006-03-24 13:06 (0 bytes , 308reads )
ya ... they monopolise the mkt ... － 神州六号 　2006-03-24 15:10 (51 bytes , 238reads )
no problem, btw the wedsite quoted by you ... － 神州六号 　2006-03-24 11:54 (47 bytes , 294reads )
u r right. i juz revisited the site and found only DT accepts individual members － CFA 　2006-03-24 13:51 (90 bytes , 262reads )
yes, equity. － xiaoqiuqiu 　2006-03-24 11:44 (0 bytes , 251reads )
不可以 － 神州六号 　2006-03-23 22:25 (0 bytes , 210reads )
我先来抛砖引玉： － Economist 　2006-03-23 11:32 (2327 bytes , 545reads )
最好有两个网上平台 － tonys 　2006-03-24 14:28 (32 bytes , 352reads )