[Breaking] KOSPI Sell-Side Sidecar Activated on the Morning of the 2nd... Program Sell Orders Halted for 5 Minutes
The Korea Exchange announced that it activated a sell-side sidecar at 9:07:03 a.m. on the 2nd, suspending program sell orders on the securities market (KOSPI) f
![[Breaking] KOSPI Sell-Side Sidecar Activated on the Morning of the 2nd... Program Sell Orders Halted for 5 Minutes](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/579264/1c7c32393b053fb3/variants/hero.webp)
The Korea Exchange announced that it activated a sell-side sidecar at 9:07:03 a.m. on the 2nd, suspending program sell orders on the securities market (KOSPI) for five minutes.
This measure was taken in accordance with Article 16 of the Securities Market Business Regulations, triggered by a sharp decline in the price of KOSPI 200 futures.
- *Sidecar Activation Details**
- Target Instrument: Futures based on KOSPI 200 (the highest-volume contract from the previous trading day)
- Activation Condition: A decline of 5% or more from the base price sustained for at least one minute
- Futures Price at Time of Activation: 1,255.94 points
- Base Price: 1,336.86 points
- Decline: 80.92 points (-6.05%)
As the futures price remained more than 6.05% below the base price for over one minute, program sell orders on the securities market were suspended for five minutes to prevent an excessive decline in the system.
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