Korean investors finds the government’s moves to cool the market “acceptable”, with the overall trading volume for ETFs having more than tripled month-on-month, Asian Investor reports. As per Samsung AMC, the average daily trading volume for Korean ETFs was $925 million to date in August, compared to less than $270 million in July.
Total market capitalization stood at $8 billion. Among Korea’s most popular ETFs are leveraged and inverse ETFs. Despite the brakes, the market is expected to keep growing because its trading volume as a proportion of the overall market volume at 8.3% is far lower compared to markets such as the U.S. with 20%.
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