(URGENT) Bourse operator issues buy-side sidecar for KOSPI on sharp hike
World1 source1 country🔦 Under-reported28m ago
South Korea's bourse operator, the Korea Exchange (KRX), activated a buy-side sidecar for the KOSPI index on Tuesday, October 27, following a sharp hike in the market.
The emergency market-stabilizing measure was deployed in response to the rapid upward movement of South Korea's main stock index, temporarily restricting program trading to cool the sudden volatility.
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Yonhap English (Seoul, South Korea) (KR)Emergency bulletin emphasizing the urgent nature of the market intervention
Newz