Flash News

KOREA WILL LAUNCH AN ETF-BASED TRANSACTION

On 7 August, according to the information received, the Korea Institute will officially open the exchange trading fund on 14 September. HANXIN aims to compete with Nextrade, an alternative trading system, and the all-weather encryption money exchange. In response, the agency warned that the lack of real-time net fund estimates could increase the price deviation of the ETF; the industry had previously called on the Korean Exchange to delay the operation. A leverage ETF will not be included in the scope of the subject matter of the post-asset transaction。

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