Korea ELW crackdown leaves traders unhedged

womansad

The latest crackdown by the Financial Services Commission on the Korean equity-linked warrant (ELW) market has had the knock-on effect of sharply reducing hedging options for issuers in their equity-linked securities (ELS) products, according to market participants.

The financial regulator has implemented a series of measures in the last 12 months to tighten control over the ELW market, including mandatory education of retail investors, a minimum deposit of 15 million won (US$13,000) and, on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: