What is the settlement cycle in Firstock?
The settlement cycle is the time taken to complete the transfer of funds and securities after a trade.
- T = Trading day.
- T+1 = One working day after the trade.
- For equity trades, settlement generally follows a T+1 cycle. For example, shares bought on Monday are generally credited to your Demat account on Tuesday, subject to applicable settlement timelines.
- You can check the Order Book, Trade Book, Holdings, and Ledger for the latest status.
If the settlement is delayed beyond the expected timeline, please contact Firstock Support.