KOSPI jumps 6% and KOSDAQ surges 5%, triggering buy sidecars in both markets
The KOSPI and KOSDAQ indexes surged on July 15, triggering program buying halts, known as "sidecars," across both exchanges.
According to the Korea Exchange, the sidecar was activated on the KOSPI market at 9:06 AM, and on the KOSDAQ market at 9:17 AM.
A buy sidecar on the KOSPI is triggered when the KOSPI 200 futures price rises by 5% or more from the pre..