Whole Section

  • 1.8 Clearing Directives

    • 1.8.1

      CDP may from time to time issue Clearing Directives which operate as a binding contract between CDP and each Clearing Member, and between a Clearing Member and any other Clearing Member.

    • 1.8.2

      CDP may, from time to time, issue Practice Notes (or amend existing Practice Notes) to provide guidance on the interpretation and application of any rule. A Practice Note does not bind CDP in the application of a rule.