SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

South Korea Exchange Suspends KOSPI Program Buying for Five Minutes

The Korea Exchange activated its SIDECAR mechanism after KOSPI 200 index futures rose 5%; the measure applies to program buying in KOSPI.

KOSPIKOSPI200

The Korea Exchange triggered its SIDECAR mechanism after KOSPI 200 index futures gained 5%. The action halted program buying in KOSPI for five minutes and, according to Odaily, applies to program buying.