Settlement (T+1 in US)
Settlement is when the cash and shares from a trade actually change hands; US stocks settle T+1, the next business day, since May 2024, like India. The official close it prices from is one auction trade. A margined contract settles profit and loss continuously, so it has no settlement day; how money moves on Mochatrade.
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In the help centreSee the order types available on MochatradeRelated terms
- VolumeVolume is how many shares or contracts changed hands in a period. About half of US stock volume is filled off exchange…
- Gap up and gap downA gap is a price opening far from where it last traded, with nothing in between. US stocks gap at 7:00 PM IST because…
- Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…
- Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…
- Closing auction (official close)The closing auction is the single matched trade at 1:30 AM IST, 2:30 AM in winter, that sets each US stock's official…
- Opening auctionThe opening auction is the single trade that starts the US day at 7:00 PM IST, 8:00 PM in winter. Orders collect…
Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.