Korea tightens the single-stock leverage product trading rules on August 19
According to In 2021, the Korea Finance Commission approved an amendment on 12 August to strengthen ETF, ETN price deviation management as of 19 August, and to cover analogue trading requirements to single stock leverage products. The price deviation management criteria for securities firms were tightened by 3 per cent for Korean indigenous products and 6 per cent for overseas products to 2 per cent and 5 per cent, respectively. The Korea Exchange plans to limit the entry of non-compliant mobile providers. Individual investors who invest in a single stock leverage product for the first time are required to complete at least five hours of simulation. On July 31, the Korean Finance Commission raised the basic security for single-stock leveraged products to 30 million won in cash。
