Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
Chapter 1 General
Chapter 2 Admission and Registration of Trading Members, Chief Executive Officers and Trading Representatives
Chapter 3 Capital and Financial Requirements
Chapter 4 Operational Requirements
Chapter 5 Trading Practices and Conduct
Chapter 6 Designated Market-Makers
Chapter 7 Listing and Quotation
Chapter 8 Trading
Chapter 9 Settlement
Chapter 10 Requirements on Specific Securities and Futures Contracts
Chapter 11 Cancellation of Contracts and Trades
Chapter 12 Supervision and Enforcement
Chapter 13 Definitions and Interpretation
Directives
Regulatory Notices
Practice Notes
Schedule A
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
Rule Amendments

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  • 9.2 Settlement Basis and Eligibility for Clearing by CDP

    • 9.2.1

      Unless otherwise stated by SGX-ST and subject to Rule 9.2.2, the Intended Settlement Day and eligibility for clearing of a trade that is executed on the Trading System or reported to SGX-ST is as indicated below:

      Market in or for which trade is executed Intended delivery and settlement day Eligibility of trade for clearing
      Ready market (for securities other than wholesale corporate bonds) T+2 Eligible for clearing by CDP
      Market for Marginable Futures Contracts LTD+2 Eligible for clearing by CDP
      Market for wholesale corporate bonds T+2 Not eligible for clearing by CDP
      Unit share market (for securities other than wholesale corporate bonds) T+2 Eligible for clearing by CDP
      Buying-in market T+1 Eligible for clearing by CDP

      Where T is the date in which the trade is executed and LTD is the Last Trading Day.

      Added on 3 June 2019.

    • 9.2.2

      SGX-ST may change the trading period and settlement date.

      Added on 3 June 2019.

    • 9.2.3

      If the day indicated in Rule 9.2.1 is a holiday for the foreign currency in which a trade is to be settled, the Intended Settlement Day for that trade will be the next common banking day on which CDP is open for business.

      In this Rule, "common banking day" means a day on which (a) Singapore banks and (b) the relevant bank transfer clearing system designated by CDP for the foreign currency are both open for settlement.

      Added on 3 June 2019.