MT Newswires Live07-29 20:27
South Korea's finance ministry said it will take additional measures to stabilize the stock market and will impose restrictions on trading of leveraged ETFs.
South Korea’s finance ministry stated it will impose caps on retail investors’ exposure to leveraged ETFs and roll out supplementary measures immediately for single-stock leveraged ETF products.
South Korea's finance minister says the government will maintain a 24-hour stock market monitoring system.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.