The Monetary Authority of Singapore has proposed that futures and options brokerages would have to ensure that retail customers have sufficient understanding of derivatives before they can execute transactions.
The Singaporean regulator said the proposals are to protect
retail customers that do not have the required skill set to
trade such complex instruments. The MAS released the proposal
at the end of January for market participants as part of its
market consultation process. The proposals will constrain both
exchange and OTC trading.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |