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.