Back    Zoom +    Zoom -
S Korea May Launch Leveraged ETFs for Samsung Electronics and SK Hynix as Early as May: Report
Recommend
9
Positive
15
Negative
5
South Korea may launch leveraged ETFs for Samsung Electronics and SK Hynix as early as May, with a leverage ratio of plus or minus 2x, South Korea's Maeil Business Newspaper reported, citing sources.

The South Korean Financial Services Commission is expected to announce detailed implementation rules within the month, specifying requirements such as market capitalization thresholds, trading volume, and conditions for using derivative financial products for hedging, sources divulged.

Related NewsM Stanley: If Oil Prices Rise to USD120, It May Pose Acute Threat to Asia's Econ Growth
Initially, the listing will be limited to Samsung Electronics and SK Hynix, and the authorities will assess the possibility of expanding the range of eligible stocks contingent on market response.
AASTOCKS Financial News
Website: www.aastocks.com