Hacker News new | ask | show | jobs
by thelastgallon 2 days ago
> nearly half of its 880,000 clients who bought Samsung shares were now sitting on losses, while nearly 70 per cent of its 408,000 investors in SK Hynix were also in the red.

> Margin debt, which hit a record Won38.6tn ($27bn) last month as investors borrowed to amplify bets, has dropped to Won33.2tn after a wave of forced liquidations during the recent rout.

Looks like there is a lot of leverage left.

1 comments

How tightly regulated is investment margin lending in the US?
You can get SPAN margin if you have enough money, margin is calculated dynamically based on implied volatility and other metrics. I’m not very familiar with how it works, I have a regular margin account.

Standard margin accounts allow 2x overnight leverage and 4x day trade leverage (must close below 2x leverage at market close)