https://v2.webnotes.in/tags/holiday/Recent content in Holiday on WebNotesHugoen-INWed, 20 May 2026 00:00:00 +0000https://v2.webnotes.in/settlement-holiday-impact-on-trades/Wed, 20 May 2026 00:00:00 +0000https://v2.webnotes.in/settlement-holiday-impact-on-trades/<p>When an <strong>exchange holiday</strong> falls during the T+1 settlement period, settlement is delayed to the next working day. A trade on Friday with Monday holiday settles Tuesday instead of Monday.</p> <h2 id="example-timelines">Example timelines</h2> <table> <thead> <tr> <th>Trade day</th> <th>Settlement day</th> <th>Cash usable</th> </tr> </thead> <tbody> <tr> <td>Tuesday</td> <td>Wednesday (T+1)</td> <td>Thursday morning</td> </tr> <tr> <td>Friday (no Monday holiday)</td> <td>Monday (T+1)</td> <td>Tuesday morning</td> </tr> <tr> <td>Friday (Monday holiday)</td> <td>Tuesday (T+2 calendar, T+1 working)</td> <td>Wednesday morning</td> </tr> </tbody> </table> <h2 id="impact">Impact</h2> <p>For sellers:</p> <ul> <li>Proceeds available one trading day later.</li> <li>Cash flow planning needs to account for holidays.</li> </ul> <p>For buyers:</p>