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What is Physical Settlement in Derivatives?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

On the day of expiry, for a futures contract and or for an ITM options contract, the delivery of the actual underlying share is transferred to the client's demat account on T+2 days for a buy-side transaction. The shares are debited from the demat account in case of a short position.