Regulatory Notice 3.4.1 Settlement Schedule

Unless otherwise determined by CDP, the settlement schedule for Batch Settlement on each Settlement Day is as set out in Appendix 1 to this Regulatory Notice.

Appendix 1 to Regulatory Notice 3.4.1

  Time
•   AUD delivery-versus-payment ("DVP") SIs to be submitted
by 8.00am
•   Preliminary AUD cash calls to be issued
by 8.30am
•   Preliminary AUD cash calls to be met
by 9.30am
•   CNY and HKD DVP SIs to be submitted
•   EUR, GBP, SGD and USD DVP SIs to be submitted for intraday settlement run
•   Free-of-payment ("FOP") SIs to be submitted for intraday settlement run
•   Securities for the settlement of delivery obligations to be made available in Delivering Securities Account
by 10.00am
•   Start of intraday settlement run
•   SIs eligible for settlement optimised
•   Securities earmarked
10.00am
•   Intraday cash calls for all currencies to be issued
by 11.00am
•   Intraday cash calls to be met
by 12.00pm
•   Completion of intraday settlement run (if all Intraday cash calls are met)
•   Money and securities settlement effected simultaneously
by 12.30pm
•   EUR, GBP, SGD and USD DVP SIs to be submitted for final settlement run
•   FOP SIs to be submitted for final settlement run
•   Securities for the settlement of delivery obligations to be made available in Delivering Securities Account
by 1.30pm
•   Start of final settlement run
•   SIs eligible for settlement optimised
•   Securities earmarked
1.30pm
•   Final EUR, GBP, SGD and USD cash calls to be issued
•   Final AUD, CNY and HKD cash calls to be issued (if necessary)
by 2.30pm
•   Final cash calls to be met
by 3.30pm
•   Completion of final settlement run (if all Final cash calls are met)
•   Money and securities settlement effected simultaneously
by 4.00pm
•   Incremental cash calls on Clearing Members to be issued (if necessary)
by 4.00pm
•   Incremental cash calls to be met
by 5.00pm
•   Completion of settlement run (if incremental cash calls are issued)
•   Money and securities settlement effected simultaneously
by 5.30pm

Added on 10 December 201810 December 2018 and amended on 21 October 201921 October 2019 and 25 January 2021.