The Korea Exchange announced that it triggered a 'Sell Sidecar,' temporarily suspending the effect of program sell orders on the securities market (KOSPI), at 1:31:58 p.m. on the 8th.

The measure was implemented after the price of the highest-volume futures contract based on the KOSPI200 from the previous trading day remained down 5% or more from its base price for over one minute.

According to the exchange's disclosure, the current price of the futures contract fell sharply to 1,174.36 points, a drop of 64.64 points (-5.21%) from the base price of 1,239.00 points.

Immediately upon activation, the effect of program sell orders on the securities market is suspended for five minutes. This measure was taken in accordance with Article 16 of the Securities Market Business Regulations.