Natan Rodrigues qTxZ

#KoreanRetailLost6.3TrillionWonOnLeveragedETPs ​📉 Shock in the financial markets: South Korean retail investors lose 6.3 trillion won ($4.8 billion) on leveraged ETPs In another harsh lesson on the risks of high-risk trading, data released by South Korea’s Financial Supervisory Service and international news agencies revealed that retail investors suffered massive losses of 6.313 trillion South Korean won (approximately US$4.8 billion) on single-stock leveraged and inverse exchange-traded products (ETPs). ​These enormous losses accumulated in a record-short period of just under two and a half months (specifically, from the launch of these products on May 27 through August 14), without even taking into account the further market declines seen in September and October. ​Key figures and global data: ​Total losses: 6.313 trillion won ($4.8 billion). ​Nature of the losses: They comprised realized losses of about 2.32 trillion won and unrealized/paper losses of more than 3.98 trillion won. ​Hardest-hit group: Data from major brokerage firms showed that investors in their forties accounted for the largest share of these losses. ​#KoreanRetailLost6.3TrillionWonOnLeveragedETPs #SouthKorea #trading #Finance $BNB $PEPE $XRP