7.10.4

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CDP Clearing Rules

Rule 7 — Clearing Fund 7.10 Top-Up of Clearing Member's Contributions in an Event of Default

26 May 2023 to 30 Oct 2024
31 Oct 2024 onwards

Notwithstanding any top-up pursuant to Rule 7.10.3, the application of a non-Defaulting Clearing Member’s Collateralised Contribution and Contingent Contribution for each Event of Default shall not exceed an amount equal to its required Collateralised Contribution and Contingent Contribution amounts as set out in Rule 7.2.1A(2) and (3).

Added on 26 May 2023 and amended on 31 October 2024.