Past version: Effective up to 25 Apr 2013
With regard to transfers of open positions from a Clearing Member to the appointed clearing member of any other Relevant Market (or its clearing house) for the purpose of consolidation pursuant to Rule 6.05.2, the Clearing House shall cease to stand as counterparty to the Clearing Member in respect of the transferred position only upon confirmation from such other Relevant Market (or its clearing house) that the requirements for its substitution as the counterparty to the appointed clearing member in respect of the transferred positions have been met.
Added on 1 October 20091 October 2009.