To be eligible for admission as a Trading Member, an applicant must:
(a) unless otherwise exempted, hold a Capital Markets Services Licence for the regulated activity in which it will engage as a Trading Member;
(b) be qualified by a Clearing Member (unless it is admitted as a Clearing Member);
(c) satisfy the capital and financial requirements that SGX-ST prescribes;
(d) upon admission appoint and register a Chief Executive Officer with SGX-ST in accordance with Rule 2.6;
(e) have facilities and staff adequate for expeditious and orderly trading, operations and activities.