Nomura to reboot Korea ELWs with Hong Kong product launch
Korean retail investors will be able to access Kospi 200 warrants without the barriers to entry that exist in the Korean market
Nomura will shortly launch an equity-linked warrant (ELW) with the Kospi 200 share index as an underlying on the Hong Kong Exchange – a move that follows a series of measures by the Korean regulator to reduce retail participation in a market it considered was overheating.
Measures by the Financial Services Commission (FSC) have included mandatory education of retail investors, a minimum deposit of 15 million won ($13,000) and, on March 12, it introduced a liquidity providers' quotation threshold
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