Korean Leveraged ETF Misfires, Jumps 50% Even as SK Hynix Slumps
A leveraged exchange-traded fund tied to SK Hynix Inc. surged 50% on Monday despite a drop of nearly 8% in the underlying stock, a dislocation that the fund house later...
By Sangmi Cha · Bloomberg Markets
A leveraged exchange-traded fund tied to SK Hynix Inc. surged 50% on Monday despite a drop of nearly 8% in the underlying stock, a dislocation that the fund house later blamed on a malfunction in its market-making system.