AJP Factbox: : Burned by ETPs even before September's rout
by Ryu Yuna
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Data reported to the Financial Supervisory Service by 10 securities firms; compiled and provided by the office of Rep. Park Sung-hoon of the People Power Party.
South Korean retail investors accumulated more than 6.3 trillion won ($4.76 billion) in realized and unrealized losses on leveraged and inverse products tied individually to Samsung Electronics and SK hynix within two and a half months of their launch.
Their misfortunes may have deepened over the last two months as Samsung Electronics shares have fallen 15 percent and SK hynix shares 23 percent as of Oct. 21 since September.
Yuna Ryu covers finance, capital markets and Southeast Asian affairs.
She is drawn to the questions that numbers raise and the stories that data alone cannot answer.
Prior to journalism, she worked at Hyundai Motor Company and the Singapore Chamber of Commerce, focusing on business strategy and international affairs. She has also hosted diplomatic receptions and international conferences as an MC.
Ryu holds a master's degree in Media and Communication from Korea University, where her research focused on neuroscience-based studies of media effects.