(a) To promote the safety and efficiency of clearing and settlement facilities that support systemically-important markets or form an integral part of the financial infrastructure;

(b) To reduce systemic risk;

(c) To reduce direct counterparty risk in securities transactions by use of contributions from depository participants' members, as well as by imposing adequate risk management techniques, including the requirement of cash cover and collateral;

(d) To ensure finality of settlement;

(e) To reduce cost of clearing and settlement of transactions; and

(f) To ensure that the ownership and rights of investors are protected.