6.5.2

Rulebooks

SGX Rulebooks

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CDP Clearing Rules

Rule 6 — Clearing and Settlement between Clearing Members and CDP 6.5 Settlement of Securities in respect of Novated Contracts

Up to 25 Apr 2013
26 Apr 2013 to 09 Dec 2018
10 Dec 2018 onwards

(1) Settlement of a Clearing Member's obligation on any Settlement Day to deliver securities in respect of Novated Contracts (including any obligation to deliver securities as compensation for corporate action entitlements as provided in these Clearing Rules) shall be effected and final upon CDP debiting such securities from the Clearing Member's Clearing Account.

(2) Failure by a Clearing Member to deliver securities when due shall subject the Clearing Member to Rule 6.7A.

Amended on 3 April 2008 3 April 2008, 23 January 2009 23 January 2009, 20 November 2009 20 November 2009,26 April 2013 26 April 2013 and 10 December 2018 10 December 2018.