[Anchor]

The complementary measures for single-stock leverage products, which raise the basic deposit requirement from 10 million won to 30 million won, went into effect today (the 31st). Although trading volume plummeted to about a quarter of yesterday's level, opinions suggest that the full impact needs to be monitored further.

Reporter Lee Tae-gwon has the details.

[Reporter]

When placing a buy order for a SK Hynix single-stock leverage product, a notice pops up stating that a deposit of at least 30 million won is required.

The complementary measures for single-stock leverage products, which raised the basic deposit requirement from 10 million won to 30 million won, went into effect today.

Previously, substitute securities such as stocks, ETFs, and bonds were recognized as deposits up to 70% of their market value, but now the full 30 million won must be held in cash.

In addition, even if owned stocks are sold, they are not recognized as a deposit until two trading days later when settlement occurs, making same-day repetitive trading impossible unless additional funds are deposited.

As underlying stocks Samsung Electronics and SK Hynix surged today, single-stock leverage products also closed up 48% to 60%, with the trading value of these 16 products totaling around 3 trillion won.

Since their listing in late May, the average daily trading value has been about 11 trillion won, meaning it has dropped to a quarter of that level.

[Interview / Kim Jae-seung, Researcher at Hyundai Motor Securities : With 30 million won in cash required, it is practically difficult for individual investors to participate. Ultimately, it seems to have the function of preventing rotation and continuous repetitive trading.]

However, some point out that since it is still the first day of implementation, the regulatory effect needs to be observed a bit longer.

[Interview / Lee Sang-hyun, Researcher at Meritz Securities : It would be a bit early to judge based on just a single day. Today, after all, the market itself showed an upward trend, so from an investor's perspective, it wasn't a picture where funds flowed exclusively into single-stock ETFs...]&br;
Financial authorities are also reviewing additional complementary measures, such as setting individual investment limits for single-stock leverage and adjusting the multiplier depending on market conditions.

(Camera: Kim Hyun-sang, Seol Chi-hwan | Video Editing: Kim Jin-won | Design: Han Heung-su)