✉news BusinessRetail first seen 1 d ago, last 1 d ago, peak #28
Korean Investors Lose $1.7 Billion on Leveraged ETFs
Original: Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs
Retail investors in South Korea have collectively lost around $1.7 billion trading leveraged exchange-traded funds, according to a Bloomberg report. The losses highlight the risks faced by Korean retail traders, who are among the world's most active in ETF markets and have piled into leveraged products betting on US tech stocks and other assets, leaving them exposed when volatile markets moved against their positions.
Why now: The scale of the losses spotlights the risks of South Korea's heavily retail-driven ETF trading boom.
South Korealeveraged ETFsBloomberg
Evidence
- Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs · Bloomberg.com
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