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

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  • 6.4 Settlement of Payment Obligations Between Clearing Members and CDP

    • 6.4.1

      (1) Unless otherwise notified by CDP to the Clearing Members, settlement of the Final Settlement Balance for each Settlement Day between a Clearing Member and CDP shall, subject to (2), be effected and final upon the execution of all settlement instructions submitted by CDP under the CDP Settlement Rules for settlement between CDP and that Clearing Member in respect of Novated Contracts, in that settlement currency, and which are due to settle on that Settlement Day.

      (2) A settlement instruction, if not executed only by reason of there being insufficient securities available, shall not be taken into account for the purposes of (1).

      (3) Failure by a Clearing Member to settle a Final Settlement Balance for a Settlement Day, on that Settlement Day, shall constitute a breach by the Clearing Member of these Clearing Rules.

      Amended on 25 February 2011, 26 April 2013 and 10 December 2018.

    • 6.4.1A [Rule has been deleted.]

      Deleted on 10 December 2018.

    • 6.4.2

      Save for manifest error, for each Settlement Day, the Daily Settlement of Account with CDP statement shall be deemed binding and conclusive on each Clearing Member as to the Net Inter-Broker Settlement Balance for that Settlement Day and the On-Line Transmission shall be deemed binding and conclusive on each Clearing Member as to the Final Settlement Balance for that Settlement Day.

      Amended on 26 April 2013.

    • 6.4.3 [Rule has been deleted.]

      Deleted on 10 December 2018.

    • 6.4.4

      CDP shall be entitled to charge interest on any amount owing to CDP which is not settled when due, at such rate as may be determined by CDP.

      Amended on 25 February 2011 and 10 December 2018.

    • 6.4.5

      Settlement of transactions between Clearing Members and CDP shall be in the currency as determined by CDP.

      Added on 10 December 2018.