The Korea Exchange announced that it triggered a sell-side "Side Car" in the securities market at 9:10:26 a.m. on the 16th.

The measure was implemented after the price of futures (the highest-volume product from the previous trading day) based on the KOSPI 200 fell more than 5% from the base price for over one minute.

According to the disclosure, the current price of the futures stood at 1,104.40 points, down 60.92 points (-5.22%) from the base price of 1,165.32 points.

Following the sidecar trigger, the effectiveness of program sell orders in the securities market will be temporarily suspended for the next five minutes. This is a measure designed to mitigate market shocks by temporarily restricting program trading during sharp market fluctuations.

The measure was implemented pursuant to Article 16 of the Securities Market Business Regulations.