Starting from July 31, South Korea will raise the cash deposit requirement for leveraged ETF trading to 30 million Korean won.

Odaily Odaily reported that the South Korean Financial Services Commission has issued a statement announcing that stricter deposit requirements for散户 investors trading single-stock leveraged ETFs will be implemented on July 31, one month earlier than the original August schedule. The deposit requirement is 30 million Korean won, and it must be in cash. The cash deposit requirement has been raised from 10 million Korean won to 30 million Korean won; stocks, ETFs, and bonds will no longer be counted towards the minimum deposit. The new regulations apply to the purchase of single-stock leveraged ETFs listed both domestically and overseas. Companies that fail to complete system upgrades by July 31 will be advised to restrict new transactions of such products. (Cailianshe)