South Korea's KOSPI index plunged over 5% on February 2, driven by forced liquidations from CTA funds after sharp declines in gold and silver triggered margin calls, with experts noting the sell-off was not due to domestic corporate fundamentals.
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[Black Monday] What Is 'CTA'—the Force Behind KOSPI's 5% Plunge?

South Korea's KOSPI index plunged over 5% on February 2, driven by forced liquidations from CTA funds after sharp declines in gold and silver triggered margin calls, with experts noting the sell-off was not due to domestic corporate fundamentals.

Yonhap Infomax