what is the settelment process of trading in stock exchange?

Answer 1

Settlement means the completion of the transaction by the exchange of money and stock. Normally, in the U.S., three days are allowed. So, you sell your stock. You have 3 days to get the certificates (if you have them) to the broker. The buyer has 3 days to get the money to his broker. After three days, the money is yours and the stock is the buyer's.

Answer 2

You have 3 days to pay for the stock and you will receive your money in 3 days. It is best to keep your stock with your broker in your account so you don't have to take it to him in 3 days. This is called in street name. It means it is in your account for you buy it in in your brokers name. But you Owen the stock.