Coin Edition -
- South Korea has banned short-selling until at least June 2024.
- Shares in South Korea rose Monday morning, with the country’s benchmark Kospi gaining 4%.
- The reason for the ban is to appease retail investors by curbing unfair trading practices.
South Korea has banned short-selling until at least June 2024. According to multiple reports, the reason for the ban is to appease retail investors by curbing unfair trading practices and also to prepare for the upcoming election.