What is forced sale (bandae-maemae)?Forced Sale

When an investor doesn't pay the balance or collateral on time, the broker sells the shares to recover the debt, usually at the market price or even a very low price.

Learn “forced sale (bandae-maemae)” in an animated lesson

Korea Stock Rules
T+2 Settlement and Buying with a Partial Deposit
Korean trades settle on the 2nd business day after the trade; many brokers let you buy with only part of the money up front, but the rest must be paid before settlement or your shares get force-sold.

Related terms

settlement
T+0
order deposit ratio
unpaid balance (misugeum)

See how “forced sale (bandae-maemae)” works for yourself with an animation you can drag and play.

Go to “T+2 Settlement and Buying with a Partial Deposit”