SGX Rulebooks
Link copied to clipboard
Past version: Effective up to 20 Jan 2013

If any collateral lodged by any Clearing Member is found in any way to be unacceptable by CDP, such collateral will immediately be given zero value for the purposes of satisfying the Clearing Member's margin requirements under these Rules. Replacement margin may be immediately required from the Clearing Member in such an event.

Added on 23 January 200923 January 2009.