A firsthand account of the Korean stock market’s leveraged margin call crisis: as many as 460,000 accounts were forcibly liquidated, leaving retail investors with nothing;

A firsthand account of the Korean stock market’s leveraged margin call crisis: as many as 460,000 accounts were forcibly liquidated, leaving retail investors with nothing;

Amid a sharp plunge in the Korean stock market, margin leverage is driving retail investors into a corner. From July 1 to 10, forced liquidations totaled KRW 425.8 billion, with KRW 142.2 billion worth of shares liquidated on the 9th alone. (Lire plus…)

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