Source: https://mochatrade.com/learn/glossary/settlement

# Settlement (T+1 in US)
URL: https://mochatrade.com/learn/glossary/settlement
Last modified: 2026-10-17

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](https://mochatrade.com/learn/us-market-structure/how-us-stock-prices-form) is one auction trade. A margined contract settles profit and loss continuously, so it has no settlement day; [how money moves on Mochatrade](https://mochatrade.com/support/currency-conversion-and-settlement).

## Related terms

- Volume: https://mochatrade.com/learn/glossary/volume
- Gap up and gap down: https://mochatrade.com/learn/glossary/gap-up-and-gap-down
- Limit order: https://mochatrade.com/learn/glossary/limit-order
- Market order: https://mochatrade.com/learn/glossary/market-order
- Closing auction (official close): https://mochatrade.com/learn/glossary/closing-auction
- Opening auction: https://mochatrade.com/learn/glossary/opening-auction

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.