Single-Stock Leveraged ETFs in South Korea See Daily Trading Volume Drop Below 1 Trillion Won for First Time

Deep News
Aug 06

Data released on Thursday revealed that the average daily trading volume of 16 single-stock leveraged ETFs in South Korea fell below 1 trillion won (approximately $701 million) for the first time on Wednesday.

This decline follows regulatory measures introduced to curb investment products believed to have exacerbated recent market volatility. According to data from the Korea Exchange, the total trading volume for these 16 leveraged ETFs on Wednesday reached 919.8 billion won.

This marks the first time the average daily trading volume has dipped below 1 trillion won since the 16 leveraged ETFs were listed on May 27. Last Friday, South Korea's financial regulator raised the minimum cash margin requirement for investing in single-stock leveraged ETFs.

The data showed that the daily trading volume of these 16 leveraged ETFs plummeted to 3.1 trillion won on Friday, down sharply from 12.4 trillion won the previous trading day. On Monday, the average daily trading volume for these products further declined to 1.3 trillion won, before slipping to 1.2 trillion won on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10