Unless otherwise specified by SGX-ST, delivery of securities for settlement of trades in securities or deliverable futures contracts which are designated by CDP as eligible for clearing is by book entry at CDP.

Amended on 3 April 20083 April 2008, 8 October 20188 October 2018 and 10 December 201810 December 2018.

Delivery of physical certificates is not accepted for settlement of trades in securities or deliverable futures contracts that are designated by CDP as eligible for clearing.

Amended on 3 April 20083 April 2008, 8 October 20188 October 2018 and 10 December 201810 December 2018.

A Securities Account must be maintained with CDP by or for customers who trade in securities or deliverable futures contracts that are designated by CDP as eligible for clearing and by or for each Trading Member who trades in such securities or futures contracts for their own account. The Securities Account may be maintained directly with CDP or through a depository agent.

Amended on 3 April 20083 April 2008, 8 October 20188 October 2018 and 10 December 201810 December 2018.

Unless otherwise agreed between a customer and a Trading Member, trades are settled in the currency of quotation at the exchange rate determined by the Trading Member.

Amended on 10 December 201810 December 2018.