POPA Recon>>JP Morgan: Liquidation of Korean leveraged ETF enters final stage
>>JP Morgan: Liquidation of Korean leveraged ETF enters final stage •JP Morgan assessed that, looking at the large-scale deleveraging that has occurred in the Korean stock market since mid-June, most of the liquidation of leveraged ETFs has been completed. The hedge fund's deleveraging is about 90% complete, and the level of leverage has also returned to a more reasonable range. •The report said, “With the market adjustment, the amount of related funds has now decreased to approximately $17 billion,” and that large-scale fund flows that had previously flowed rapidly into leveraged ETFs have…
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