Forced liquidations at 10 South Korean securities firms averaged 2,258 accounts and 43.868 billion won ($32.0 million) per day in July, as a market correction exposed the risks of debt-fueled retail trading. The amount was nearly 13 times higher than the 3.377 billion won ($2.5 million) daily average recorded in July last year, while affected accounts increased 3.6-fold from 622. Forced liquidation occurs when a securities firm sells a client's holdings because borrowed funds are not repaid or collateral falls below the required threshold. Individual professional investors, who can access products such as contracts for difference (CFDs), also increased by 3,787, or 16.8%, to 26,282 by the end of July from 22,495 at the end of last year. The growth accelerated as the KOSPI rallied but slowed sharply during the July correction. Rep. Park Sung-hoon said authorities must prevent the designation from weakening investor protection or becoming a regulatory loophole, and urged effective safeguards against forced liquidations and cascading losses.