Rulebooks: Contents

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
Regulatory Notices to CDP Clearing Rules
Practice Notes
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
Rule Amendments

(3 versions)


The obligation of the selling customer to make delivery of securities to CDP pursuant to a New Sale Contract shall be discharged by CDP transferring such securities from the Securities Account of the selling customer and crediting CDP's account on such Settlement Day as CDP may determine. Title and right to such securities shall not at any time pass to the Defaulting Clearing Member. In the event that there are insufficient or no securities in such Securities Account that can be transferred to CDP, the selling customer shall be responsible to CDP for such shortfall.

The selling customer shall ensure that the securities are available in his Securities Account by the time set out in the CDP Settlement Rules, or such time as CDP shall specify.

Where the selling customer:

(1) has not made available in his Securities Account the securities or sufficient securities in accordance with this Rule 8.5.1; or
(2) has failed to deliver the securities or sufficient securities in accordance with this Rule 8.5.1,

such securities will be acquired in the manner prescribed by CDP to discharge the selling customer's delivery obligation.

Amended on 3 April 2008, 20 November 2009, 22 April 2013 and 10 December 2018.