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Day Traders Abandon Korean Chip Leveraged ETFs in Droves

Bloomberg Markets •
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An onerous mock trading course is becoming an effective tool for South Korea to cool investor fervor over risky products that have turned the country’s $4.3 trillion stock market extremely volatile. Leveraged exchange-traded funds targeting twice the daily returns of chipmakers Samsung Electronics Co. and SK Hynix Inc. have seen their trading value collapse to 4% of its June peak and are set for their first monthly outflow.