South Korea's Korea Exchange (KRX) activated a sell-side sidecar after the benchmark Kospi fell more than 5%, temporarily suspending program trading for five minutes.
The mechanism is triggered when Kospi 200 futures decline at least 5% and remain at that level for one minute.
Kospi Composite Index traded 4.81% lower at 03:45 am CET.
https://breakingthenews.net/Article/S.-Korea-briefly-halts-program-trading-as-Kospi-falls/66944535
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