Daily turnover of single-stock leveraged ETFs falls below 1 tln won after curbs

Average daily transactions in 16 single-stock leveraged exchange-traded funds fell below 1 trillion won ($701 million) on Wednesday, data showed, after authorities took steps to curb the investment products blamed for recent market volatility. The daily turnover of the 16 leveraged ETFs stood at 919.8 billion won, according to the Korea Exchange and Yonhap Infomax, the financial data unit of Yonhap News Agency. It was the first time since May 27, when the 16 leveraged ETFs were listed, that thei

By The Korea Herald