7.05 Open Positions/Open Contracts for Contracts Traded on the Exchange/Any Relevant Market and Non-Relevant Market Contracts

SGX-DC Clearing Rules

7.05 Open Positions/Open Contracts for Contracts Traded on the Exchange/Any Relevant Market and Non-Relevant Market Contracts

Amended on 8 November 2012 8 November 2012.

7.05.1

All Contracts to which the Clearing House is a party shall remain open until liquidated by offset as provided in Rule 7.06, terminated in accordance with Rule 7A.07, Rule 7A.02.1.5A or Rule 7A.02A, or by delivery in accordance with Chapter 6 of this Rules, and

7.05.1.1 for Non-Relevant Market Contracts, such liquidation or delivery shall be in accordance with these Rules; and

7.05.1.2 for other Contracts (other than the Connect Contracts) such liquidation or delivery shall be in accordance with the relevant provision(s) of the Relevant Market where the Contracts were traded and/or transferred or novated from pursuant to a Mutual Offset System and this Rules.

Amended on 27 March 2006 27 March 2006, 3 November 2010 3 November 2010, 7 August 2012 7 August 2012, 8 November 2012 8 November 2012, 17 July 2019 17 July 2019 and 29 July 2022.