Data: In the past month, South Korean retail traders lost $1.45 billion due to leveraged trading, with young investors among the hardest hit.

PANews July 16, citing Hupzy and data from Bloomberg, reports that in the past month, retail investors in the Korean stock market suffered estimated losses of $1.45 billion due to leveraged trading. During this period, 460 thousand accounts were forcibly liquidated by brokerages, about 1.2 million leveraged accounts were hit with margin calls, and investors aged 20 to 30 accounted for 62% of the total number of forced liquidations. The Korea Financial Investment Association reported that between July 1 and July 13, the value of forced liquidations reached 451.9 billion KRW.