Added on 11 January 201111 January 2011.
2.28A.1
In order to clear the trades of a Trading Member, a Clearing Member shall:—
Added on 11 January 201111 January 2011 and amended on 15 March 201315 March 2013.
2.28A.2
If a Clearing Member wishes to cease clearing the trades of its Trading Member, it shall:—
Added on 11 January 201111 January 2011.
2.28A.3
If a Clearing Member wishes to suspend its clearing arrangement with a Trading Member, it shall:—
Added on 11 January 201111 January 2011.
2.28A.4
A Clearing Member may suspend its clearing arrangement with a Trading Member for not more than 30 days. Before the end of the 30-day period, the Clearing Member must notify the Clearing House in writing of its intention to either resume with the clearing arrangement or cease clearing for the Trading Member. Where the Clearing Member intends to cease clearing for the Trading Member, Rule 2.28A.2 shall apply.
Added on 11 January 201111 January 2011.
2.28A.5
Notwithstanding the cessation or suspension of the clearing arrangement, the Clearing Member shall clear and settle all the trades of the Trading Member which are done right up to the point when the Trading Member has been disabled from entering trades to be cleared by the Clearing Member.
Added on 11 January 201111 January 2011.