KB Securities Removes Minimum Deposit Exemption for Leveraged Single-Stock ETFs Starting July 20

According to Yonhap Infomax, KB Securities on July 16 announced the elimination of the minimum deposit exemption for single-stock leveraged and inverse ETF/ETN transactions, effective July 20. All investors must now maintain a minimum deposit of 10 million won to trade these products, regardless of their customer status. The move comes as South Korea's Financial Services Commission prepares to announce supplementary measures for single-stock leveraged ETF oversight, which may include raising deposit requirements and strengthening investor education.
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