T+1 Settlement

    Trade Plus One Day Settlement

    Regulatory Compliance

    Settlement cycle where trade-related settlements happen within 24 hours of the transaction. India moved to T+1 in 2023.

    Formula

    Settlement Date = Trade Date + 1 business day

    Why it matters

    Faster access to sale proceeds and purchased shares. Reduces counterparty risk and margin requirements.

    Indian example

    Related terms