Market structure & regulation
What is Settlement (T+1)?
Also called: T+1 settlement
Hinglish mein padhein: T+1 settlement kya hota hai?
Settlement is when shares and money actually change hands. Indian equities settle on T+1 — one working day after the trade date.
India moved to T+1 settlement in stages, completing in January 2023, making it one of the fastest settlement cycles among major markets.
If you sell shares you bought today (BTST), you depend on receiving them the next day, which carries a small risk of short delivery.
Related terms
- Demat accountA demat account holds your shares and other securities in electronic form, the way a bank account holds money.
- Delivery tradingIn a delivery trade you buy shares and keep them in your demat account beyond the trading day, for as long as you like.
- BTSTBTST means buying shares today and selling them the next trading day, before they are credited to your demat account.