Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
SGX-ST Rules
Rule Amendments

  Versions
(2 versions)
 
Up to Oct 7 2018Oct 8 2018 onwards

17.3.5

A Trading Member may, without notice to the borrower, realise the collateral and apply the proceeds to buy back Specified Products to close off the loan position if:

(1) the borrower does not provide the additional collateral by the close of the second Market Day from the date of notice; or
(2) the collateral value falls below 100% of the market value of the loaned Specified Products, whichever occurs earlier.

Amended on 8 October 2018.