South Korea to Raise Cash Deposit Requirement for Leveraged ETF Trading to 30 Million KRW Starting July 31Odaily reports that the Financial Services Commission of South Korea has announced it will advance the implementation of stricter deposit requirements for retail investors trading single-stock leveraged ETFs to July 31, ahead of the initially scheduled August date. The required deposit amount is set at 30 million KRW, and it must be in cash. The cash deposit requirement has been raised from 10 million KRW to 30 million KRW; stocks, ETFs, and bonds will no longer be counted toward the minimum deposit. The new regulations apply to the purchase of single-stock leveraged ETFs listed both domestically in South Korea and overseas. Companies that fail to complete system upgrades by July 31 will be advised to restrict new transactions in such products. (Caixin)
Odaily reports that the Financial Services Commission of South Korea has announced it will advance the implementation of stricter deposit requirements for retail investors trading single-stock leveraged ETFs to July 31, ahead of the initially scheduled August date. The required deposit amount is set at 30 million KRW, and it must be in cash. The cash deposit requirement has been raised from 10 million KRW to 30 million KRW; stocks, ETFs, and bonds will no longer be counted toward the minimum deposit. The new regulations apply to the purchase of single-stock leveraged ETFs listed both domestically in South Korea and overseas. Companies that fail to complete system upgrades by July 31 will be advised to restrict new transactions in such products. (Caixin)
Odaily星球日报讯 韩国金融服务委员会发布声明称，韩国将把针对散户投资者交易单一个股杠杆 ETF 的更严格存款额要求提前至 7 月 31 日实施，较原定的 8 月实施时间提前，存款额要求为 3000 万韩元，且为现金形式。现金存款要求由 1000 万韩元提高至 3000 万韩元；股票、ETF 和债券将不再计入最低存款额。新规适用于购买韩国国内及海外上市的单一个股杠杆 ETF。对于未能于 7 月 31 日前完成系统升级的公司，将被建议限制这种产品的新交易。（财联社）
