SGX Rulebooks
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9.2.1

Unless otherwise stated by SGX-ST and subject to Rule 9.2.2, the Intended Settlement Day and eligibility for clearing of a trade that is executed on the Trading System or reported to SGX-ST is as indicated below:

Market in or for which trade is executed Intended delivery and settlement day Eligibility of trade for clearing
Ready market (for securities other than wholesale corporate bonds) T+2 Eligible for clearing by CDP
Market for Marginable Futures Contracts LTD+2 Eligible for clearing by CDP
Market for wholesale corporate bonds T+2 Not eligible for clearing by CDP
Unit share market (for securities other than wholesale corporate bonds) T+2 Eligible for clearing by CDP
Buying-in market T+1 Eligible for clearing by CDP

Where T is the date in which the trade is executed and LTD is the Last Trading Day.

Added on 3 June 20193 June 2019.

9.2.2

SGX-ST may change the trading period and settlement date.

Added on 3 June 20193 June 2019.

9.2.3

If the day indicated in Rule 9.2.1 is a holiday for the foreign currency in which a trade is to be settled, the Intended Settlement Day for that trade will be the next common banking day on which CDP is open for business.

In this Rule, "common banking day" means a day on which (a) Singapore banks and (b) the relevant bank transfer clearing system designated by CDP for the foreign currency are both open for settlement.

Added on 3 June 20193 June 2019.