Starting from July 31st, South Korea will raise the cash deposit requirement for leveraged ETF trading to 30 million Korean won.

The Financial Services Commission of South Korea issued a statement indicating that South Korea will implement stricter deposit requirements for individual investors trading single stock leveraged ETFs starting from July 31st, earlier than the original implementation date of August. The deposit requirement will be 30 million Korean won, in cash form. The cash deposit requirement has been increased from 10 million Korean won to 30 million Korean won; stocks, ETFs, and bonds will no longer be included in the minimum deposit requirement. The new regulations apply to the purchase of single stock leveraged ETFs listed domestically and overseas in South Korea. Companies that fail to complete system upgrades by July 31st will be advised to restrict new trades of this product.