Company
South Korean financial technology firm tied to the Korea Exchange that runs market data and trading infrastructure, including the ETF CHECK fund data service.
Koscom has signed memorandums with 13 securities firms on a shared tokenization platform ahead of Korea's Feb. 4, 2027 rules. Four brokers named in the same report are working through their own builds or outside partners, so the case for shared infrastructure is unproven.
Reality
Retail investors net bought 139.83 billion won of Samsung Electronics in the Korea Exchange's 8 p.m. session while foreigners sold 133.60 billion won. Retail supplied 89.4% of turnover against 7.9% for foreigners, so the foreign side of the split is thin.
Reality
Five bond ETFs took in $24.89 billion in the month to Oct. 8, level with the $24.88 billion that went into two S&P 500 funds, according to Koscom data. Most of the bond money went to aggregate and municipal funds that lost between 2% and 3.3%, so investors are buying duration alongside stocks priced at 19 times forward earnings.
Reality
Korea's 10 most-bought ETFs took in 5.35 trillion won over a month and averaged 0.83%, while KOSDAQ supplier funds led the return table at 26% to 32%. Earnings season will test whether 2.17 trillion won parked in two cash funds follows them.
Reality
Korean regulators' 30 million won cash deposit rule cut daily turnover in 16 Samsung and SK hynix single-stock ETFs by about 92%, to 990 billion won. The drop has held, but in September retail's appetite for doubled bets moved to index inverse funds outside the rule's single-stock scope.
Reality
Korean investors put $477 million into two defensive US ETFs in September, nearly three times the $168 million sent to a triple-leveraged chip fund. Their $589 million of net buying covers about 7.5% of the $7.8 billion rise in US holdings since August, so price gains account for the rest.
Reality
Asked where Chuseok cash gifts should go, Korea's five largest fund houses named ten ETFs, half of them with US or global mandates, and the one fund three firms picked independently holds US dividend growers.
Reality
Individuals net sold 459.8 billion won across five semiconductor ETFs in the first eleven days of September and put 90.1 billion won into the gold, nuclear, battery and power funds credited with the rotation.
Reality
Individuals sold a net 1.773 trillion won of the sixteen Samsung and SK hynix leveraged funds after the deposit gate went to 30 million won, and 258.7 billion of that money reappears in a US-listed Nasdaq 2x fund.
Reality
Turnover in single-stock leveraged products fell 93.2% after Seoul's cash deposit rule. Margin lending on Samsung and SK hynix rose instead, and the unwind risk moved with it.
Reality