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Single-stock leverage ETF margin raised to 30 million won from July 31

South Korea will bring forward measures to raise the basic margin requirement for single-stock leveraged products, including leveraged ETFs linked to Samsung Electronics and SK Hynix, from July 31. The Financial Services Commission will raise the requirement from 10 million won to 30 million won in cash for new trades or additional purchases. It will also restrict margin reductions by brokerages and tighten rules on recognising sale proceeds and substitute securities.