The point when a share trade is finalised and ownership and cash actually change hands. T+1 means one business day after the trade; the US and Canada use it for stocks, while other markets may take longer.
Lesson
Settlement (T+1)
The point when a share trade is finalised and ownership and cash actually change hands. T+1 means one business day after the trade; the US and Canada use it for stocks, while other markets may take longer.