# Пов'язані статті щодо Margin Trading

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Margin Trading", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Central Bank Publishes Rules for Cryptocurrency Margin Trading

The Bank of Russia has published draft rules for margin trading of cryptocurrency and digital financial assets (DFAs). According to the proposals, both qualified and non-qualified investors will have access to leveraged transactions, though limits will be set for the latter in the future on transaction volume and permitted assets. Brokers may open a margin position for a client only if the trading platform provides an official risk rate for the specific asset. To combine crypto-assets and digital rights into one position, they must trade on the same technological platform or information system. The central bank is accepting feedback on the draft until August 12. Russia's organized cryptocurrency market is slated to launch from September 1, 2026, following the enactment of the "On Digital Currencies and Digital Rights" law. While this law establishes the core regulatory framework, additional norms, including these margin trading rules and previously published requirements for digital depositories and organized trading conditions, will be set out in separate Bank of Russia regulations.

cryptonews.ru07/29 17:52

Central Bank Publishes Rules for Cryptocurrency Margin Trading

cryptonews.ru07/29 17:52

Global Stock Market's Storm Center: South Korea's Stock Market De-leveraging Is Largely Complete

Storm's Eye: South Korean Market De-leveraging Nears Completion The recent sharp correction in South Korean equities, with the KOSPI index dropping 32% from its June high, has been a key trigger for global tech stock volatility. The core driver was not a fundamental shift but a forced de-leveraging process within the market's unique structure, which is now largely complete. Two main leverage channels amplified the sell-off: 1. **Leveraged ETFs:** Their size, proportionally four times larger than in the U.S., peaked near $50 billion. Their mandatory daily rebalancing mechanism created a vicious cycle of "price drop → forced selling → further drop." Approximately 75% of this excess has been unwound, shrinking to $26 billion, with regulatory curbs now blocking new inflows. 2. **Hedge Fund Leverage:** Using swaps to magnify exposure, hedge funds saw their net long positioning fall by over 50% from peak levels. The most intense phase of this institutional de-leveraging is over. In contrast, **retail margin debt** poses minimal systemic risk. At 0.5% of market cap, it is far lower than in the U.S. or China, lacks automatic triggers, and is concentrated in smaller stocks. The conclusion: the high-leverage structures most prone to "chain-reaction selling" have been substantially cleared. The market is transitioning from a liquidity-driven crash to one priced more on fundamentals. The article argues that the AI trend—centered on Korean memory chips—remains intact. This episode represents a painful but necessary clearing of crowded trades, not the end of the AI revolution. For investors, the key question is conviction in the long-term AI direction; if the trend is real, current volatility is a cost of entry, not a terminal risk.

链捕手07/21 15:53

Global Stock Market's Storm Center: South Korea's Stock Market De-leveraging Is Largely Complete

链捕手07/21 15:53

South Korean Stock Market Plunge Triggers $286 Million in Forced Liquidations, But Upbit Trading Volume Soars 1426%

A sharp downturn in the South Korean stock market triggered approximately $286 million (400 billion KRW) in forced liquidations, severely impacting leveraged retail investors. This contrasted with a dramatic 1,426% surge in trading volume on the major cryptocurrency exchange Upbit. The simultaneous events suggest a potential shift of capital from the volatile traditional equity market to the crypto market as investors seek alternative avenues. The report highlights the risks of leveraged stock trading during a market correction and underscores the growing appeal of digital assets among Korean investors.

marsbit07/15 03:23

South Korean Stock Market Plunge Triggers $286 Million in Forced Liquidations, But Upbit Trading Volume Soars 1426%

marsbit07/15 03:23

Elderly Borrow Money to Trade Stocks, Entire Nation Adds Leverage: 'Ant Army' Panics as South Korean Stock Market Plunges

Titled "Panic Among 'Ant Army' as South Korean Stocks Plunge After Elders Borrow to Invest, Everyone Leverages Up," this article details a dramatic reversal in South Korea's red-hot stock market. After a sustained rally toward 9,000 points driven by AI semiconductor hype, the KOSPI index recently crashed, triggering circuit breakers. The sell-off was led by major chipmakers Samsung Electronics and SK Hynix, whose combined weight in the index is over 50%. The plunge exposed the extreme leverage and speculative behavior that fueled the boom. Individual investors, dubbed the "ant army," had borrowed heavily or used leverage ETFs to chase gains, with trading accounts outnumbering the population. A significant portion of this leveraged money came from older citizens, some of whom reportedly cashed out insurance policies to invest. ETF trading became dominated (over 90%) by high-risk leveraged and inverse products. The correction was triggered by a pullback in U.S. tech stocks, leading to a foreign capital exodus and a weakening Korean won, creating a vicious cycle. While President Lee Jae-myung attempted to reassure markets and NVIDIA's CEO signaled support during a visit, officials like Finance Minister Ju Yeong-geun expressed concern over the dangerous "herd mentality." The article highlights a pervasive, high-risk investment culture where everyone from office workers to retirees and even parents opening accounts for newborns sought quick profits, largely concentrated in a few tech stocks, setting the stage for a sharp and painful correction.

marsbit06/08 10:24

Elderly Borrow Money to Trade Stocks, Entire Nation Adds Leverage: 'Ant Army' Panics as South Korean Stock Market Plunges

marsbit06/08 10:24

South Korea's KOSPI Plunges 8.37% at Opening, Triggers Circuit Breaker: The 'Two Stocks' That Powered the Bull Market Recoil in a Single Day

On June 8th, South Korea's KOSPI index plunged 8.37% within minutes of market open, triggering a circuit breaker and halting trading. The crash was driven by a massive sell-off in heavyweight stocks Samsung Electronics and SK Hynix, which each fell 10%. These two chip giants alone account for over half of the KOSPI's total market capitalization and had contributed roughly 70% of the index's gains year-to-date, pushing it to become the world's sixth-largest stock market. The sell-off was ignited by negative guidance from U.S. chipmaker Broadcom on June 3rd, which sparked a global semiconductor stock rout. This shockwave hit South Korean markets on June 5th, with foreign investors leading a sustained exodus. The sharp decline on June 8th was exacerbated by high levels of retail margin debt (over 38 trillion KRW), forced liquidations, leveraged ETFs tied to the top stocks, and automated program trading, creating a vicious cycle. The Korean won also weakened significantly, further fueling foreign capital outflow. South Korean authorities issued emergency statements to calm markets, echoing recent warnings from the central bank governor about the risks of debt-driven investing. While some institutions like Goldman Sachs maintain long-term bullish targets for the KOSPI, the crash exposed the extreme market concentration and fragility behind its historic rally.

marsbit06/08 07:43

South Korea's KOSPI Plunges 8.37% at Opening, Triggers Circuit Breaker: The 'Two Stocks' That Powered the Bull Market Recoil in a Single Day

marsbit06/08 07:43

Institutional Adoption of Prediction Markets Stuck at the Third Stage

Prediction markets are transitioning from niche platforms focused on elections and sports to mainstream tools for information and risk management. While events like the Super Bowl still dominate trading volume, non-sports categories—such as macroeconomics, politics, and entertainment—are growing faster and attracting institutional interest. Key drivers include the need for real-time benchmarks on uncertain events (e.g., election outcomes or policy changes), which traditional markets lack. Institutions like Goldman Sachs and CNBC are already using prediction market data for decision-making, though most remain in the early stages of adoption. The path to full institutional integration involves three phases: data integration, system compliance, and active trading. The current barrier to large-scale trading is the lack of margin trading, requiring full collateral for positions—a limitation platforms like Kalshi are working to address. Experts compare prediction markets to the early days of options trading, anticipating they will become a standard, if mundane, financial infrastructure. Political leaders and institutions are increasingly referencing these markets, signaling their growing credibility. The future lies in their evolution from speculative arenas to essential tools for hedging and pricing uncertainty.

Odaily星球日报04/17 02:22

Institutional Adoption of Prediction Markets Stuck at the Third Stage