PANews reported on February 19th that, according to Jinshi, the Korea Exchange (KSE) has activated a "sidecar mechanism," temporarily suspending algorithmic trading on the KOSDAQ market. One of the triggers for this measure was a significant rise in KOSDAQ 150 futures, which at one point surged by 6%, leading to increased market volatility. According to regulations, algorithmic trading quotes will resume after a 5-minute suspension, aiming to stabilize market order and protect investor interests. The KSE stated that this temporary halt is to ensure market stability and transparency, and to prevent potential speculative activities. Investors should remain vigilant, pay attention to market dynamics, and allocate assets rationally to cope with rapid market changes.
South Korea activates "sidecar mechanism" to temporarily suspend algorithmic trading on the KOSDAQ market.
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together

