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Add as a preferred source on GoogleKorea Exchange Pauses KOSPI Program Buying for Five Minutes
KOSPI 200 futures rose 5%, triggering a buy-side sidecar.
The Korea Exchange activated a buy-side sidecar after KOSPI 200 futures rose 5%, placing a temporary limit on program buying in South Korean stocks.
KOSPI program buy orders were paused for five minutes.
The measure applied to programmed buy orders on the KOSPI, South Korea’s main stock market.
It did not halt trading across the entire stock market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.