---
title: "What is a settlement holiday and its impact?"
description: "A settlement holiday occurs when stock markets remain open for trading, but the depositories (NSDL and CDSL) remain closed. This affects specific types…"
category: arrow
subcategory: trading-faqs
slug: what-is-a-settlement-holiday-and-its-impact
canonical: https://support.arrow.trade/arrow/trading-faqs/what-is-a-settlement-holiday-and-its-impact/
---

# What is a settlement holiday and its impact?

> A settlement holiday occurs when stock markets remain open for trading, but the depositories (NSDL and CDSL) remain closed. This affects specific types…

## Short answer

A settlement holiday occurs when stock markets remain open for trading, but the depositories (NSDL and CDSL) remain closed. This affects specific types of trading activities.

## How settlement holidays impact your trading

Regular trading: You can continue buying and selling stocks normally during settlement holidays.

Auction markets: Auction markets remain closed when depositories are closed, so you cannot participate in auction trading.

Settlement processes: Stock transfers and deliveries get delayed as depositories handle these processes.

You can view all upcoming settlement holidays on iRage's holiday calendar.

To learn more about settlement holidays, see arrow.trade/Arrow learning resources/trading-holiday-vs-settlement-holiday.

## Related

- Browse more in [trading faqs](/arrow/trading-faqs/)
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---

Source: https://support.arrow.trade/arrow/trading-faqs/what-is-a-settlement-holiday-and-its-impact/
Publisher: Arrow / iRage Broking Services LLP