i ain't sure. anyway thx for your clarification. btwjust quite puzzled why SGX encourages riskier derivatives trading by individual members but discourage them from equity trading?
Clearing of Derivative trading is straight forward ...
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.
As for Equity, its clearing is more complex, that is the reason they have Clearing Members (basically the broking houses) to clear the trades.
Huasing Association 1999 - 2013