What is a Forced Sale?

A Forced Sale is a buy order that is cancelled by performing an offsetting sell transaction. An order may be subject to a Forced Sale if a payment was not received, a payment was declined or rejected, or if fraud is detected on your account. Depending on market conditions at the time of the cancellation, a Forced Sale may result in an outstanding balance due on your account. Please contact us if you receive a Forced Sale letter and have questions.