KRX - Korea Exchange
KRX - Korea Exchange
08/18/2022 | Press release | Distributed by Public on 08/17/2022 19:39
(Press Release) KRX to launch KRX Gold Spot Leverage Index
Korea Exchange (KRX) is to offer the KRX Gold Spot Leverage Index, which is a strategic index based on the KRX Gold Spot Index from 22 August 2022.
This Index is designed to reflect two times the return of its underlying index, the KRX Gold Spot Index, in order to satisfy investors demand for maximizing returns on gold investment.
Due to the leverage effect, the index performs better than its underlying index when the index value rises, but also carries greater risk in the opposite case.
KRX hopes to meet the demand for gold investment and boost up the domestic gold market by listing index products such as ETF and ETN.
Please refer to the attachment for details.
This Index is designed to reflect two times the return of its underlying index, the KRX Gold Spot Index, in order to satisfy investors demand for maximizing returns on gold investment.
Due to the leverage effect, the index performs better than its underlying index when the index value rises, but also carries greater risk in the opposite case.
KRX hopes to meet the demand for gold investment and boost up the domestic gold market by listing index products such as ETF and ETN.
Please refer to the attachment for details.
Korea Exchange (KRX) is to offer the KRX Gold Spot Leverage Index, which is a strategic index based on the KRX Gold Spot Index from 22 August 2022.
This Index is designed to reflect two times the return of its underlying index, the KRX Gold Spot Index, in order to satisfy investors demand for maximizing returns on gold investment.
Due to the leverage effect, the index performs better than its underlying index when the index value rises, but also carries greater risk in the opposite case.
KRX hopes to meet the demand for gold investment and boost up the domestic gold market by listing index products such as ETF and ETN.
Please refer to the attachment for details.
This Index is designed to reflect two times the return of its underlying index, the KRX Gold Spot Index, in order to satisfy investors demand for maximizing returns on gold investment.
Due to the leverage effect, the index performs better than its underlying index when the index value rises, but also carries greater risk in the opposite case.
KRX hopes to meet the demand for gold investment and boost up the domestic gold market by listing index products such as ETF and ETN.
Please refer to the attachment for details.