Summary
- A buy-side sidecar was triggered at 9:07 a.m. after Kospi 200 futures rose more than 5%.
- The Korea Exchange said in a filing that it would suspend the validity of program buy orders for five minutes starting at 9:07 a.m.
- Kospi 200 futures stood at 1,455.56 when the sidecar was triggered.
A temporary suspension of program buy orders, known as a buy-side sidecar, was triggered on the Kospi market at 9:07 a.m. on June 25.
The Korea Exchange said in a filing that it would suspend the validity of program buy orders for five minutes starting at 9:07 a.m. after Kospi 200 futures rose more than 5% for over one minute.
Kospi 200 futures stood at 1,455.56 when the sidecar was triggered.
Han Kyung-woo, Hankyung.com reporter, case@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
