SGX Rulebooks
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Past version: Effective from 17 Jul 2019 to 05 Sep 2021

Notwithstanding that the Clearing Fund may have been drawn upon, CDP may at any time thereafter claim all losses and expenses consequent upon such force-sale or attempted force-sale, and all damages which CDP may sustain in this connection (regardless of whether such losses, expenses and damages have been insured against) shall be recoverable by CDP from:—

(1) the buying customer and, failing him;
(2) the Defaulting Clearing Member.

Amended on 17 July 201917 July 2019.