Schedule A of the SGX-DC Clearing Rules Chapter 7A Suspension and Default — Composition Amount may be Offered by the Clearing Rule Violation Whether House, where the Clearing House has Determined the Mandatory minimum composition Clearing Member to be Liable penalty imposable by Rule may be offered the DC Chapter/ Brief Description of Rule 1st Violation 2nd Violation 3rd Violation Number Chapter 7A Suspension and Default – 7A.01.2 Clearing Member to comply with conditions and Compoundable $2,000 $4,000 $4,000 $7,000 $7,000 $10,000 N.A. – – – requirements imposed by the Clearing House if its activities are restricted 7A.01.4 Clearing Member to notify Clearing upon Compoundable $2,000 $4,000 $4,000 $7,000 $7,000 $10,000 N.A. – – – the occurrence of any of the events stated in Rule 7A.01.1. Participating Clearing Member to participate Not Not Compoundable $10,000 in such auction stated in Rule 7A.02.1.5 7A.02.2 Clearing Member to cooperate with the Not Not Compoundable $10,000 Clearing House and nondefaulting Clearing Compoundable Members in respect of actions which the Clearing House may take under Rule 7A.02.1. 7A.04.2 Suspended or Expelled Clearing Member not to Not Not Compoundable $10,000 take on or clear new Contracts Compoundable 7A.05.1.4 Clearing Member to make up deficiencies in Not Not Compoundable $10,000 Security Deposit resulting from applications by Compoundable Clearing House on default by Clearing Member 7A.05.1.5 Clearing Member not to take any action to Not Not Compoundable $10,000 interfere with ability of Clearing House to apply Compoundable the Security Deposit
Schedule A of the SGX-DC Clearing Rules Chapter 7A — Suspension and Default Rule Violation Whether composition may be offered Composition Amount may be Offered by the Clearing House, where the Clearing House has Determined the Clearing Member to be Liable Mandatory minimum penalty imposable by the DC Rule Chapter/ Number Brief Description of Rule 1st Violation 2nd Violation 3rd Violation Chapter 7A – Suspension and Default 7A.01.2 Clearing Member to comply with conditions and requirements imposed by the Clearing House if its activities are restricted Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. 7A.01.4 Clearing Member to notify Clearing upon the occurrence of any of the events stated in Rule 7A.01.1. Compoundable $2,000 – $4,000 $4,000 – $7,000 $7,000 – $10,000 N.A. Participating Clearing Member to participate in such auction stated in Rule 7A.02.1.5 Not Not Compoundable $10,000 7A.02.2 Clearing Member to cooperate with the Clearing House and nondefaulting Clearing Members in respect of actions which the Clearing House may take under Rule 7A.02.1. Not Compoundable Not Compoundable $10,000 7A.04.2 Suspended or Expelled Clearing Member not to take on or clear new Contracts Not Compoundable Not Compoundable $10,000 7A.05.1.4 Clearing Member to make up deficiencies in Security Deposit resulting from applications by Clearing House on default by Clearing Member Not Compoundable Not Compoundable $10,000 7A.05.1.5 Clearing Member not to take any action to interfere with ability of Clearing House to apply the Security Deposit Not Compoundable Not Compoundable $10,000
SGX_DC_Clearing_30_June_2014.docx