Financial authorities have decided to implement total volume controls, including setting individual investment limits, as single-stock leverage ETF trading has been pointed out as a factor driving up stock market volatility.
Deputy Prime Minister Goo Yun-cheol, Bank of Korea Governor Shin Hyun-song, Financial Services Commission Chairman Lee Eok-won, and Financial Supervisory Service Governor Lee Chan-jin held an emergency market situation inspection meeting at the Seoul Government Complex yesterday evening (July 29) and reached this decision.
Accordingly, the authorities plan to place investment restrictions, such as limiting the share of single-stock leverage products to within 20% of an individual's total investment in financial investment products.
In addition, to curb excessive trading, they decided to increase the burden of trading costs, such as applying excessive quote surcharges in the futures market.
These measures will take effect immediately.
※ Please note: This article was translated by AI and may contain errors.
"Individual Investment Limits on Single-Stock Leverage ETFs to Be Pursued Immediately"
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