Following KOSPI, a temporary suspension of program buy quotes (buy sidecar) was triggered on the KOSDAQ market.
According to Korea Exchange (KRX) on the 15th, a buy sidecar was triggered on the KOSDAQ market at about 9:17 a.m. that day.
The KOSDAQ buy sidecar is triggered when the KOSDAQ150 futures price rises at least 6% above the reference price and the KOSDAQ150 index gains at least 3% from the previous trading day for 1 minute at the same time.
At the time of the trigger, the KOSDAQ150 futures price was 1,439.50, up 83.00 points (6.11%) from the previous trading day, and the KOSDAQ150 cash index was 1,433.80, up 79.44 points (5.86%).
Earlier, a buy sidecar was also triggered on the KOSPI market at about 9:06 a.m. that day.
The KOSPI buy sidecar is triggered when the KOSPI200 futures price remains at least 5% above the reference price for 1 minute.
At the time the buy sidecar was triggered, the KOSPI200 futures index was 1,170.60, up 71.50 points (6.50%) from the previous trading day.