KOSDAQ150 Futures Price Plunge Triggers KOSDAQ Market Sidecar Activation (Update)
[Asia Economy Reporter Geum Bo-ryeong] The Korea Exchange announced on the 13th at 9:38:34 AM that a sidecar temporarily suspending the effectiveness of program sell orders was triggered.
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This was due to fluctuations in the KOSDAQ150 futures price and the spot index (KOSDAQ150). At the time of activation, the KOSDAQ150 futures price had fallen 6.47% compared to the previous day, and the spot index (KOSDAQ150) had dropped 7.33%. As a result, the effectiveness of program sell orders in the KOSDAQ market was suspended for 5 minutes.
This content was produced with the assistance of AI translation services.
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