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 May 2 2011May 3 2011 onwards

7.14.1

Past version: effective up to May 2 2011.
To view other versions open the versions tab on the right.

The amount of the Variable Deposit (if any) payable by a Clearing Member shall be determined as follows or on such basis as may be advised by CDP at any time and from time to time:—

V = (P×C) - B
Where V = Variable Deposit
P = Proportion
C = Total Clearing Fund Contribution
B = Base Deposit
Provided always that if the Variable Deposit is zero or less than zero, such Clearing ember shall not be required to contribute a Variable Deposit.