#KoreaSingleStockLeveragedETFTradingFalls đ°đ· Korea just crushed the leverage casino.
New rules on single-stock leveraged ETFs:
âą higher margin
âą mandatory simulated trading first
Result in month 1 :
Retail net sold 1.773T KRW ($1.3B) of Samsung + SK Hynix leveraged/inverse ETFs.
Daily volume collapsed from 11.68T KRW to 1.01T KRW.
Thatâs about 8% of the old pace. A 90%+ wipeout.
SK Hynix products took the biggest hit.
When Korea shuts off easy leverage in stocks⊠where does that speculative money go next?
$LIGHT $BTW $ACE
New rules on single-stock leveraged ETFs:
âą higher margin
âą mandatory simulated trading first
Result in month 1 :
Retail net sold 1.773T KRW ($1.3B) of Samsung + SK Hynix leveraged/inverse ETFs.
Daily volume collapsed from 11.68T KRW to 1.01T KRW.
Thatâs about 8% of the old pace. A 90%+ wipeout.
SK Hynix products took the biggest hit.
When Korea shuts off easy leverage in stocks⊠where does that speculative money go next?
$LIGHT $BTW $ACE