what is t1 holding

1 year ago 68
Nature

T1 holdings refer to shares that have been bought from the exchange but have not yet been delivered to the Demat account because the T+1 day time period is not over. In India, the settlement time for equity is T+1 days, which means that if shares are purchased on Monday, they will be added to the clients Demat account by Tuesday. T1 holdings are also known as unsettled holdings. The settlement process for security transactions is denoted by T+1, T+2, and T+3, which refer to the settlement dates that occur on a transaction date plus one, two, and three days, respectively.