What is a settlement holiday and its impact ?

Modified on Fri, 12 Apr at 2:33 PM

There are days on which the exchange has a settlement holiday. Typically during normal market days settlement of trading account ( delivery of shares ) happens with a timeline of T+1. However, if the settlement day is a holiday then the settlement of trading account happens in the next market session. If there is a settlement holiday, Emint will send the user a notification regarding the same. 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article