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 14.10.2026, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.
