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7.5.2

The total net balance at any particular point of time during the Settlement Day shall be calculated by the following formula:

[(A - B) + (C - D)]

where A = is the total value of all matched and validated receiving instructions due for settlement on the current Settlement Day
B = is the total value of all matched and validated delivery instructions due for settlement on the current Settlement Day
C = is the total value of all receiving instructions matched and validated in advance on the current Settlement Day
D = is the total value of all delivery instructions matched and validated in advance on the current Settlement Day.

Amended on 3 October 20093 October 2009.