KOSPI Sell-Side Sidecar Activated as Index Tumbles after Hitting 8,000

[Economy] : Program sell orders on the benchmark Korea Composite Stock Price Index(KOSPI) market were briefly halted on Friday afternoon after the futures index plunged. The Korea Exchange said it had activated its “sidecar” mechanism for five minutes, starting at 1:28 p.m., after the KOSPI 200 Futures Index fell ... [more...]

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