6.3.1

Rulebooks

SGX Rulebooks

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CDP Clearing Rules

Rule 6 — Clearing and Settlement between Clearing Members and CDP 6.3 Set-Off of Payment Obligations in respect of Novated Contracts and Determination of Payment Obligations between CDP and Clearing Members

Up to 09 Dec 2018
10 Dec 2018 onwards

A Clearing Member's obligation to make payment to and right to receive payment from CDP in respect of Novated Contracts (including any obligation or right to pay or receive a Cash Settlement Amount or to make or receive compensation of corporate action entitlements as provided in these Clearing Rules) shall be settled by net payment in accordance with these Clearing Rules.

Amended on 23 January 2009 23 January 2009 and 10 December 2018 10 December 2018.