Margin calls, leveraged ETFs and a market crash: What Indian investors can learn from South Korea
South Korea’s stock market has become one of the world’s biggest financial paradoxes. The KOSPI index, which surged on the back of the global artificial intelligence (AI) boom over the past year, has witnessed one of its sharpest corrections in recent weeks. The sell-off has been so severe that the country’s top policymakers have publicly apologised over the launch of single-stock leveraged Exchange-Traded Funds (ETFs),