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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...)

Continuer la lectureA 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;