The KOSPI ended the day lower as the Korean govt has announced first time retail investors need a 5-day/5-hour simulated trading mandate…
The KOSPI ended the day lower as the Korean govt has announced first time retail investors need a 5-day/5-hour simulated trading mandate starting August 19 on top of a ₩30M (~$21K) cash deposit rule effectively locks out the retail wave that drove single stock derivative volumes. A 92%+ trading volume collapse—from $8.82B down to $667M in days
The excerpt is quoted from a public Telegram channel, which owns its text.