NewzThe Korea Exchange activated a sell-side sidecar on the KOSPI index on Wednesday following a sharp decline in market value. The measure was triggered to curb volatility as the index experienced a significant downward trend.
A sidecar is a regulatory mechanism designed to temporarily suspend program trading for five minutes to stabilize the market during periods of extreme price fluctuation. By halting automated sell orders, the bourse operator aims to prevent panic selling and allow investors time to reassess market conditions.
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