Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
Rule 1 — Application and Definitions
Rule 2 — Administration
Rule 3 — Membership
Rule 4 — Appointment of Chief Executive Officers and Directors
Rule 5 — Financial/Capital Requirements
Rule 5A — Position Accounts
Rule 6 — Clearing and Settlement between Clearing Members and CDP
Rule 6A — Margin Requirements
Rule 6B — Collateral
Rule 6C — Payments
Rule 7 — Clearing Fund
Rule 8 — Default Rules
Rule 9 — Suspension or Restriction of Clearing
Rule 10 — Liabilities
Rule 11 — Supervisory Rules
Rule 12 — Foreign Market Links
Rule 13 — General
Rule 14 — Transitional Provisions
Appendices
Regulatory Notices to CDP Clearing Rules
Practice Notes
Schedules
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
Rule Amendments

  Versions
(2 versions)
 
Up to Apr 21 2013Apr 22 2013 onwards

8.3.1

In respect of a New Purchase Contract:—

(1) unless otherwise notified by CDP, the buying customer shall pay the full purchase consideration directly to CDP at such time as CDP may determine, regardless of whether the buying customer has made payment of such amount to the Defaulting Clearing Member;
(2) subject to Rule 8.6C.2, title and right to the purchase consideration paid by the buying customer to CDP shall not at any time pass to the Defaulting Clearing Member; and
(3) CDP shall have no obligation to the buying customer in respect of any payment by the buying customer to the Defaulting Clearing Member.

Amended on 22 April 2013.