Over the past month, South Korean retail investors who engaged in leveraged trading suffered losses of about 2.15 trillion won (about $1.45 billion). In forced liquidation accounts, investors aged 20 to 30 accounted for 62%. As of July 13, roughly 320k to 460k leveraged accounts had been fully liquidated by brokers. Data from the Korea Financial Investment Association shows that from July 1 to 13, the actual forced liquidation amount triggered by unsettled trades was 451.9 billion won. (Macrostream)