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7.5.1

(a) For Batch Settlement:
(i) If, and to the extent that, CDP is of the opinion that the securities or money made available in respect of a Batch Settlement Run are insufficient to fully meet all payment and delivery entitlements and obligations specified in all the Settlement Instructions eligible for settlement in that Batch Settlement Run such as to enable them all to be fully executed, CDP shall determine, in its sole discretion, the Settlement Instructions that will not be executed in that Batch Settlement Run or the extent to which a Settlement Instruction will be executed.

See Practice Note 7.5.1(a)(i).
(ii) Subject to Rule 7.5.2, the Settlement Instruction or such part of the Settlement Instruction that is not executed will be automatically carried forward for settlement at the next available Batch Settlement Run; and
(b) For RTGS:

Subject to Rule 7.5.2, if a Settlement Instruction that is eligible for RTGS is not executed by the cut-off times set out in Appendix 1 of Regulatory Notice 4.4.2 on a Settlement Day, the Settlement Instruction will be automatically carried forward for settlement on the next Settlement Day on which RTGS is available.

Refer to Appendix 1 of Regulatory Notice 4.4.2.

Added on 10 December 201810 December 2018.