Whole Section

  • 6B.8 Interest and fees

    • 6B.8.1

      The Clearing Member shall pay CDP such administrative fees as may be prescribed by CDP and notified to the Clearing Member from time to time for the investment and management of the Collateral. Administrative fees may be deducted from the interest on the Collateral payable to the Clearing Member by CDP pursuant to this Rule 6B.8 or paid directly to CDP as determined by CDP.

      Added on 21 January 201321 January 2013.

    • 6B.8.2

      Unless otherwise provided for in these Clearing Rules, CDP shall pay the Clearing Member interest on the Collateral at such rate and in such manner as prescribed by CDP and notified to a Clearing Member.

      Added on 21 January 201321 January 2013.

    • 6B.8.3

      Except as set forth in this Rule, CDP shall have no obligation to make payment of any other fees, interest and investment earnings arising from or in connection with the Collateral to any person.

      Added on 21 January 201321 January 2013.