3.7A.2 Force Sale

Rulebooks

SGX Rulebooks

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CDP Clearing Rules

Rule 3 — Membership 3.7A Relationship Between Clearing Member and Trading Member

Subject to Rules 3.7A.3 and 3.7A.4, if a buying Trading Member fails to meet any of the timelines set out in the SGX-ST Rules for payment to its Clearing Member, the Clearing Member shall force-sell the securities of the buying Trading Member on the following Market Day.

Added on 10 December 2018 10 December 2018.