Hi Gruuvy,
I Am Also Coming Across This Term....For The First Time...Perhaps Could Be Something To Do With Having Bought The Shares In The Last Couple Of Days & Settlement Period Is Not Complete Meaning It Hasn't Come To Your Demat Account Yet....
Somebody Else More Familiar With The Term, Could Solve It For You....& If It Is A Broker Specific Term....Then I Suggest You Speak To The Customer Service Of Your Broker.
Happy & Safer Investing
SavantGarde
I Am Also Coming Across This Term....For The First Time...Perhaps Could Be Something To Do With Having Bought The Shares In The Last Couple Of Days & Settlement Period Is Not Complete Meaning It Hasn't Come To Your Demat Account Yet....
Somebody Else More Familiar With The Term, Could Solve It For You....& If It Is A Broker Specific Term....Then I Suggest You Speak To The Customer Service Of Your Broker.
Happy & Safer Investing
SavantGarde
may be it means time required to transfer stock from one hand to other