South Korea Raises Chip ETF Margin Requirement, Bans New Single Stock Leveraged Products

BlockBeats News, July 16th. The Financial Services Commission of South Korea announced regulatory measures for single-stock leveraged ETFs, raising the minimum margin requirement for Chip Leveraged ETFs. The minimum margin has been increased from 10 million Korean won to 30 million Korean won, only cash is accepted as margin, and the maximum purchase limit per single stock leveraged trade is set at 20 shares, previously 1 share.

South Korea will also prohibit the listing of new single-stock leveraged products.