KRX activates sell-side sidecar for KOSPI on sharp fall
Korea's bourse operator on Friday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index plunged. Program trading for the KOSPI-listed shares was suspended for five minutes at 10:04 a.m., according to the Korea Exchange (KRX). After opening 2.99 percent lower, the KOSPI fell 277.75 points, or 4.68 percent, to 5,661.7 as of 10:06 a.m. The index…
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