Search results for SOXL
Finance
Betting on a shaky Korean market: Are Korean retail investors going all-in on leverage?
Korean investors are continuing high-risk leveraged trading in U.S.-listed ETFs as South Korea’s stock market swings sharply, data showed. From Sept. 18 to Oct. 21, Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) ranked first in foreign securities purchases, with net buying of $2.76 billion. Demand also rose for Direxion Daily MSCI South Korea Bull 3X Shares ETF (KORU) and Nasdaq-linked leveraged products. Meanwhile, short-term risk funds and margin financing in Korea declined.
Finance
Korean retail investors\' U.S. stock holdings top $200 billion again
Korean retail investors are again shifting funds to the U.S. stock market, pushing holdings above $200 billion for the first time in about four months. Depositary data showed U.S. stock holdings at $200.2 billion as of Oct. 5. Holdings had peaked at $206.3 billion on June 2 before falling to $171.5 billion at end-July, then rebounded from August. Net buying resumed in June and continued for four consecutive months.
Crypto
BlackRock\'s IBIT bitcoin spot ETF surpasses GLD in daily trading
BlackRock’s iShares Bitcoin Trust ETF, IBIT, rose more than 5 percent in daily trading and outpaced the SPDR Gold Shares ETF, GLD, in both trading volume and gains. IBIT posted $1.56 billion in turnover, ranking fifth among ETFs, while GLD recorded $907.64 million and ranked ninth. IBIT traded around $45.81 to $45.86, while GLD was near $398.96 with a 0.15 percent rise.
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Finance
Korean retail investors pay 10 percent premium for SK Hynix ADR
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Finance
RIA tax benefits cut raises concerns over faster exodus from Korean stocks
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Finance
U.S. stock net buying by South Korean retail investors tops 5 trillion won amid domestic market pullback
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Finance
Korean stock volatility drives retail investors back to U.S. markets
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Finance
ETF net assets fall nearly 57 trillion won as stocks slump; single-stock leverage swings
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Fintech
RIA deduction rate cut to 80 percent amid muted return of Korean retail investors
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Finance
KakaoPay Securities\' RIA accounts top 50,000 as profit-taking funds shift to South Korean semiconductors
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Finance
Kiwoom Securities\' RIA accounts surpass 20,000; Nvidia most deposited stock
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Finance
South Korea considers 3x leverage ETFs to lure retail investors back