Sell-Side Sidecar Activated Both on KOSPI and KOSDAQ Markets on Thursday

KBS World (English)

Sell-Side Sidecar Activated Both on KOSPI and KOSDAQ Markets on Thursday

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[Economy] :
Program sell orders on the benchmark Korea Composite Stock Price Index(KOSPI) market were briefly halted on Thursday morning after the futures index plunged.

The Korea Exchange said it had activated its “sidecar” mechanism for five minutes, starting at 9:07 a.m., after the KOSPI 200 Futures Index fell ...

[more...] ...

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Sell-Side Sidecar Activated Both on KOSPI and KOSDAQ Markets on Thursday

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