SGX Rulebooks
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Past version: Effective from 26 Apr 2013 to 09 Dec 2018

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 take place at the scheduled time; and
(2) the estimated time at which the delayed settlement shall be made.

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. Amended on 26 April 201326 April 2013.