The total net balance at any particular point of time during the Settlement Day shall be calculated by the following formula:
[(A - B) + (C - D)]
| where | A | = | is the total value of all matched and validated receiving instructions due for settlement on the current Settlement Day |
| B | = | is the total value of all matched and validated delivery instructions due for settlement on the current Settlement Day | |
| C | = | is the total value of all receiving instructions matched and validated in advance on the current Settlement Day | |
| D | = | is the total value of all delivery instructions matched and validated in advance on the current Settlement Day. |
Amended on 3 October 20093 October 2009.