Past version: Effective up to 09 Dec 2018

For the purposes of Rule 6, the Trading Member qualified by the Clearing Member shall be treated as the buying or selling customer (as the case may be) of the Clearing Member and the settlement of securities bought or sold shall be credited or debited, as the case may be, firstly, to or from the Clearing Member's Clearing Account and thereafter to or from the Securities Account or sub-account of the Trading Member on whose behalf the Clearing Member cleared and settled the relevant Exchange Trade.

Amended on 3 April 20083 April 2008.