South Korea: Over 320,000 Retail Investors' Leveraged Accounts Liquidated by Brokerages, Some Investors Still Owe Funds to Brokerages
BlockBeats News, July 14th, the US financial blog portal website zerohedge reported that as of July 13th, a total of 1.2 million retail leveraged accounts in South Korea had triggered additional margin requirements. Among them, approximately 320,000 to 360,000 accounts have been forcibly liquidated by brokerage firms, with some accounts still owing funds to the brokers after liquidation.
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