South Korea Suspends New Single Stock Leveraged ETF Listings, Raises Minimum Deposit Threshold

⑴ South Korea will suspend the listing of new single-stock leveraged exchange-traded products to curb market volatility, following a surge in demand for leveraged funds linked to Samsung Electronics and SK Hynix. ⑵ The Financial Services Commission of South Korea stated that the ban will remain in effect until market conditions stabilize. Additionally, starting from August 5, the minimum deposit for leveraged ETFs will be raised from 10 million won to 30 million won (approximately $20,300). ⑶ This decision marks the most comprehensive measure by the South Korean government to date in curbing the retail trading boom, after the country's $4.1 trillion stock market became one of the most volatile in the world.