Program Selling Halted on KOSPI after KOSPI 200 Futures Plunge over 5%
[Economy] : Program selling was halted on the benchmark Korea Composite Stock Price Index(KOSPI) on Friday after the KOSPI 200 Futures index plunged more than five percent. According to the Korea Exchange, the “sidecar” mechanism was activated at around 9:08 a.m. in response to the KOSPI 200 Futures index losing ... [more...]