Investing in Stocks
What is unpaid-balance (misu) trading?
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Unpaid-balance trading means buying shares on credit, using as collateral a margin deposit equal to part of the purchase price (usually 40% or more) and the shares you hold.
If the remaining amount is not paid by the settlement date (T+2), the securities firm sells the shares in the account through forced liquidation.
This answer is general financial information as of 2026-10-14, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.
