The Korea Exchange announced on the 12th that the selling price of the program will be temporarily suspended (sidecar is triggered) for the next 5 minutes due to the drop in futures prices at 1:04:37 PM.
A sidecar is a system to mitigate the impact of program sales on the market by temporarily limiting the price of program sales when the market situation changes rapidly.
The sidecar selling sidecar is triggered when the futures price has dropped by more than 5% for more than 1 minute.
(Photo = Yonhap News)
[Breaking News] Exchange securities market sidecar triggered… KOSPI 1,810 lead collapse
2020-03-12T04:31:36.383Z
The Korea Exchange announced on the 12th that the sale of the program will be temporarily suspended for the next 5 minutes due to the drop in futures prices at 1:04:37 PM. A sidecar is a system to mitigate the impact of program sales on the market by temporarily limiting the price of program sales when the market situation changes rapidly.
Source: sbskr