Designated Market Maker (DMM) Obligations::Designated Market Maker (DMM) Obligations

Announcement By

DMM

Issuer & Securities

Designated Market Maker
PHILLIP SECURITIES PTE LTD
Issuer/ Manager
NIKKO AM ASIA LIMITED VCC
Securities
NIKKOAM-STC CHINA EV ETF - SGXC85425921 - EVS
NIKKOAM-STC CHINA EV ETF - SGXC85425921 - EVD

Announcement Details

Announcement Title
Designated Market Maker (DMM) Obligations
Date &Time of Broadcast
02-Oct-2024 14:14:14
Status
New
Announcement Sub Title
Designated Market Maker (DMM) Obligations
Announcement Reference
SG241002OTHRWK7X
Submitted By (Co./ Ind. Name)
Phillip Securities Pte Ltd
Designation
HOD
Activity Type
Cessation
Reason
Closure of underlying or futures exchange
Effective Start Date of the Event
02/10/2024 13:00:00
Description (Please provide a detailed description of the event in the box below)
Phillip Securities Pte Ltd, the Designated Market Maker, wishes to advise that due to market volatility and closure of underlying Shanghai Stock Exchange, it will be ceasing market making activities for NikkoAM-STC China EV ETF. Phillip Securities Pte Ltd will announce when ready to resume market making activities.