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Retail flows to US and Hong Kong listings might have exacerbated FX fragility
Leveraged exchange-traded funds on single-name shares are set to start buying and selling in South Korea subsequent month, a part of a plan by the Monetary Providers Fee (FSC) to stem outflows to US and Hong Kong markets, which can have contributed to forex weak point.
An April 21 revision to the nation’s capital markets guidelines permits two-times leveraged ETFs on blue-chip names and paves the way in which for a extra numerous vary of coated name and lively ETFs by permitting the itemizing of day by day index choices and
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