South Korea leveraged ETF volumes tied to Samsung and SK Hynix collapse 96% from June peak
Leveraged ETF volumes tied to Samsung and SK Hynix in South Korea have collapsed 96% from their June peak, with these instruments that once made up 80% of market turnover being abandoned. South Korea has also introduced an onerous mock trading course to cool investor fervor over risky products that made the country's $4.3 trillion stock market extremely volatile.
Detected & updated continuously · Source: Nebula
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@puckrin
South Korea's hottest trade is now a ghost town. Leveraged ETF volumes tied to Samsung & SK Hynix have collapsed 96% from their June peak. The instruments that once made up 80% of the entire market's turnover are being abandoned in droves. https://t.co/cGKXLSpfEO
@business
An onerous mock trading course is becoming an effective tool for South Korea to cool investor fervor over risky products that have turned the country’s $4.3 trillion stock market extremely volatile https://t.co/0UqEXDfVLC