97% of South Korea Crude Oil ETN Trades Concentrated in Leveraged Products Amid Middle East Risk

ETN0.43%
According to Korea Exchange, on July 22, 97% of crude oil ETN trading in South Korea has concentrated in leveraged and inverse 2X products as international oil prices rebounded following heightened geopolitical tensions in the Middle East. The surge in short-term directional trading was recorded between July 13-21.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments