4.4.1 Batch Settlement
(a) For a Settlement Instruction to be eligible for settlement in a Batch Settlement Run, the Settlement Instruction must be submitted and, if required, matched pursuant to Rule 4.3 within the timelines specified in Appendix 1 of Regulatory Notice 3.4.1, or such other time as CDP may specify, for that Batch Settlement Run.
(b) Unless otherwise determined by CDP, Settlement Instructions that are submitted and, if required, matched pursuant to Rule 4.3 after the prescribed cut-off time(s) will be carried forward to the next available Batch Settlement Run.
Refer to Appendix 1 of Regulatory Notice 3.4.1.
Added on 10 December 201810 December 2018.
4.4.2 RTGS
(a) For a Settlement Instruction to be eligible for RTGS on any Settlement Day, the Settlement Instruction must be submitted and, if required, matched pursuant to Rule 4.3 within the timelines specified in Appendix 1 of Regulatory Notice 4.4.2, or such other time as CDP may specify, on that Settlement Day.
(b) Unless otherwise determined by CDP, Settlement Instructions that are submitted and, if required, matched pursuant to Rule 4.3 after the prescribed cut-off time(s) will be carried forward to the next Settlement Day on which RTGS is available.
Refer to Appendix 1 of Regulatory Notice 4.4.2.
Added on 10 December 201810 December 2018.
4.4.3
Each Settlement Participant shall submit Settlement Instruction(s), by such time so as to:
(a) enable settlement with a Customer within such time as provided in the SGX-ST Rules or CDP Clearing Rules, where applicable; or
(b) enable settlement with a Customer within such time as the Customer instructs, in any other case.
Added on 10 December 201810 December 2018.