SGX Rulebooks
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Past version: Effective up to 25 Apr 2013

If CDP is of the opinion that settlement of the Final Settlement Balance is unlikely to commence at the scheduled time, CDP shall inform Clearing Members of the following matters:

(1) that settlement of the Final Settlement Balance is unlikely to commence at the scheduled time; and
(2) the estimated time at which the delayed settlement will commence.

CDP shall provide adequate time for Clearing Members to make payment and Clearing Members shall effect settlement of the Final Settlement Balance by such time as stipulated by CDP.

Added on 25 February 201125 February 2011