What does 'T1' signify above the shares I've bought in Firstock?
‘T1’ indicates that the shares are currently in the T+1 settlement cycle—meaning they were bought yesterday and are yet to be fully credited to your demat account.
- The shares will be credited by the end of the next trading day (T+1).
- You can view and monitor these shares under the T1 holdings section.
- These shares are not yet settled, so selling them on T1 carries a risk of short delivery if the seller fails to deliver.