General Announcement::SGX RegCo streamlines ETF designated market-maker requirements

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Sep-2025 17:16:12
Status
New
Announcement Sub Title
SGX RegCo streamlines ETF designated market-maker requirements
Announcement Reference
SG250905OTHRM5J7
Submitted By (Co./ Ind. Name)
Carolyn Lim
Designation
Senior Vice President, Marketing & Comms
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange Regulation (SGX RegCo) is seeking market feedback on proposed changes to streamline the requirements of designated market-makers (DMMs) for exchange-traded funds (ETFs).

SGX RegCo intends to remove administrative requirements for notification and announcement when ETF DMMs cease, or resume, bid and offer quotations. This will bring SGX practices in line with those of other global markets.

The proposals result from a review of the regulatory framework around the trading of ETFs to identify areas that may impact the listing and trading of ETFs. This follows the Monetary Authority of Singapore's enhancement in July 2025 of the Grant for Equities Market Singapore Scheme for ETFs to facilitate more ETF listings.

ETF DMMs provide bid and offer prices during more than 95% of the stock market hours each business day. The prices they provide are visible to investors. In addition, SGX RegCo has, through the use of technology, become better able to monitor DMMs' compliance with their quotation obligations.

The consultation is open till 26 September 2025 and is found here: https://regco.sgx.com/public-consultations

Attachments

20250905 SGX RegCo streamlines ETF designated market-maker requirements.pdf
Total size =144K